INDUSIND BANK LIMITED EDUCATIONAl IDEA

2019年8月28日

Daily chart making Lower Highs, expecting more downward momentum for September series.

Trade Plan :-
- Only consider shorting/buying put options if close below 1400.
- If above condition satisfied, Buy 1350 put option for September expiry (CMP 45). Target - 57 / 66 / 70.
- Keep SL if daily close of spot above 1450.
- View negated if price closed above 1450 before entering.

Enter and exit only based on above conditions.

P.S :- This is published only in interest of educational purpose.

2019年8月28日

交易進行

1350 SEP PE from 45 to high of 60 and close of 55.45. Target 1 almost reached in intraday itself.
Lets watch the price action in coming sessions.

2019年8月29日

註釋

CMP 1350.55

2019年9月3日

註釋

Touched high of 69.00 on 30th Aug. Safe players should have exited. Risky players can carry till September series. Daily chart still respecting trendline.

2019年9月3日

註釋

Touched high of 61.15, closed on 59. 14 points profit from entry. Risky players can carry till close below 1340 or square off.

2019年9月4日

交易結束：目標達成

Trading at 73 now 📈