Bharti Airtel: In Consolidation mode and trading strategy
Bharti Airtel
CMP 550
- The stock has been in consolidation mode for some time
- 530 could be crucial support levels
Given the set up
One may consider selling Bharti Airtel 530 Put Option around 12
Lot size 1851
Max profit potential Rs 22212/- per lot
Loss protection in strategy for a fall in Bharti Airtel price up to 518 till 27-Aug-2020
Take care & safe trading...!!!
Discliamer:
- The view expressed here is my personal view
- Use this for educational purpose
- Any decision you take you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
CMP 550
- The stock has been in consolidation mode for some time
- 530 could be crucial support levels
Given the set up
One may consider selling Bharti Airtel 530 Put Option around 12
Lot size 1851
Max profit potential Rs 22212/- per lot
Loss protection in strategy for a fall in Bharti Airtel price up to 518 till 27-Aug-2020
Take care & safe trading...!!!
Discliamer:
- The view expressed here is my personal view
- Use this for educational purpose
- Any decision you take you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be