Hi All ,
Maruti is heavily overbought on daily , But can't predict when will it turn around ,Maybe 10k psychological price point
No Naked shorting or Long:
Use following Futures and options strategy:
1) Buy Jan futures 1 lot , sell Feb futures 1 lot ( On pull back to moving average observe pattern and exit short , continue long)
2) wait patiently till pull back to moving average , Observe the pattern (marked in circle):
Buy futures , sell call of nearest strike price or in the money call.
3) DO NOT buy put / call pair , options are expensive right now , premium will decay swiftly.
Manage risk , You need atleast capital of 2.5 lakh to take above strategy .
If you don't have that capital , this trade is not for you.
Consult your financial adviser before taking any trade, F&O is highly risky.
Maruti is heavily overbought on daily , But can't predict when will it turn around ,Maybe 10k psychological price point
No Naked shorting or Long:
Use following Futures and options strategy:
1) Buy Jan futures 1 lot , sell Feb futures 1 lot ( On pull back to moving average observe pattern and exit short , continue long)
2) wait patiently till pull back to moving average , Observe the pattern (marked in circle):
Buy futures , sell call of nearest strike price or in the money call.
3) DO NOT buy put / call pair , options are expensive right now , premium will decay swiftly.
Manage risk , You need atleast capital of 2.5 lakh to take above strategy .
If you don't have that capital , this trade is not for you.
Consult your financial adviser before taking any trade, F&O is highly risky.