Amit_Ghosh

[Options] Godfrey Philips Uptrend Break

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Amit_Ghosh 已更新   
NSE:GODFRYPHLP   GODFREY PHILLIPS
Short 880 call options at 14
Buy 880 call options at 5


Payoff Graph: unofficed.com/o...ons-calculator/?save_id=5c...

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Analysis:

Your first task is to get the trend.

Using Bounce, Weekend - Any method is fine.

Now the important question is - What is the trade here -
The next step is analysing the monthly.
We can clearly see the stock is moving up in rather Steps.
Different people will have a different interpretation. Our job is to find a pattern and bank on it.

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The first trade will be shorting it
As the uptrend is now broken.

Now I decided to target I to the level where the uptrend initially started.

Now target 2 is where we can see from which it broke "BooB" alike pattern. We call it a cup and handle.
It forms generally at the end of downtrend or uptrend.

It is a small sideways consolidation where things try to break upside.
Target 3 is the swing low.

Do note - Each trade setup makes heavy money which is more than the salary of a normal person you will meet.
So the analysis is worth some money and time.

The loss will be nearly 42000 INR if it hits stop loss. Are you comfortable to lose 42K?
I am. But I will suggest not!

Hence, options
交易结束:到达目标:
Target II done.
评论:

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