Opportunity to trade in sesa goa's ce 210 @ 2.10 expiry 31.10.2013
Options & Futures FREE Tips - Opportunity to trade in sesa goa's ce 210 @ 2.10 expiry 31.10.2013 in Derivatives - Arguments for going in for options trade in Sesa Goa ( Now Known as Sesa Sterlite) 1. Upflag price pattern ...
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Opportunity to trade in sesa goa's ce 210 @ 2.10 expiry 31.10.2013

  1. Opportunity to trade in sesa goa's ce 210 @ 2.10 expiry 31.10.2013

    Arguments for going in for options trade in Sesa Goa ( Now Known as Sesa Sterlite)

    1. Upflag price pattern seen in the daily chart of 18/10/2013

    2. Target reachable in < 20 days with favourable RR Ratio as per Technical analysis.

    3. Strike Price selected is 210 with a premium of Rs.2.10 because of higher OI, +ve change in OI, liquidity & premium within calculated range.

    4. CMP 195.30, Target 258.75 in 18 days, BEP 212.10 with pay off as follows :

    Price At Expiry PayOff
    185.00 -4,200.00
    190.00 -4,200.00
    195.00 -4,200.00
    200.00 -4,200.00
    205.00 -4,200.00
    208.05 -4,200.00
    210.00 -4,200.00
    212.10 -
    215.00 5,800.00
    216.50 8,800.00
    220.00 15,800.00
    220.75 17,300.00
    225.00 25,800.00
    230.00 35,800.00
    230.45 36,700.00
    235.00 45,800.00
    240.00 55,800.00
    240.30 56,400.00
    245.00 65,800.00
    250.00 75,800.00
    260.00 95,800.00

    Please revert with your comments & feedback.

    Prakash Tanak








  2. Prakash, Sesa Sterlite trend is upside currently ... Stochastic lines do indicate upside trend ....

    Your trend analysis might come true ... But not sure about the target


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