IGL has a breakout Today and created all time high. Buy IGL at market 590-600 with SL 550 target 20-25% rally from here. (600*25% = 150).
Options buyers may buy 600CE@16-17 and for hedging short 620CE@910-11. Max risk 7*1375 = Rs.9625 and max profits 20-7=13*1375= 17,875Rs.
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
Options buyers may buy 600CE@16-17 and for hedging short 620CE@910-11. Max risk 7*1375 = Rs.9625 and max profits 20-7=13*1375= 17,875Rs.
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.