Dear Followers,
I hope you're doing well. I wanted to share a brief update regarding the short-term trend of the stock
TATAMOTORS I have been monitoring.
Currently, the stock is experiencing a downtrend in its short-term price movement. My analysis indicates that market conditions and recent price action suggest a period of declining prices. This information could potentially be useful for your investment / hedge strategy.
If Stock Break 705-703 level then possibly we can see 698-695 level so if you are ready to take Risk then I have 2 Strategies For Month Of November Series that we can Deploy.
1) Buying an Option
Strike Rate= 705 PE
Buy Price= 17.50-18
Stop Loss= 15.50
Target = 22,24,25.50
Time Frame 4-6 Days
Investment = 25600
maximum Loss= 3600
Profit Upto = 10700
2) Hedge strategy
Stock Name-TATAMOTORS
Future Entry Level - Sell Near 710-709
Future Stop Loss Level- 716
Future Target Level- 703,700
Option Level- Buy 705 CE
This message is for informational purposes only and should not be considered financial advice. It is crucial to conduct thorough research or consult with a financial advisor before making any investment decisions. We do not guarantee the accuracy or completeness of the information provided.
I hope you're doing well. I wanted to share a brief update regarding the short-term trend of the stock
TATAMOTORS I have been monitoring.Currently, the stock is experiencing a downtrend in its short-term price movement. My analysis indicates that market conditions and recent price action suggest a period of declining prices. This information could potentially be useful for your investment / hedge strategy.
If Stock Break 705-703 level then possibly we can see 698-695 level so if you are ready to take Risk then I have 2 Strategies For Month Of November Series that we can Deploy.
1) Buying an Option
Strike Rate= 705 PE
Buy Price= 17.50-18
Stop Loss= 15.50
Target = 22,24,25.50
Time Frame 4-6 Days
Investment = 25600
maximum Loss= 3600
Profit Upto = 10700
2) Hedge strategy
Stock Name-
TATAMOTORS Future Entry Level - Sell Near 710-709
Future Stop Loss Level- 716
Future Target Level- 703,700
Option Level- Buy 705 CE
This message is for informational purposes only and should not be considered financial advice. It is crucial to conduct thorough research or consult with a financial advisor before making any investment decisions. We do not guarantee the accuracy or completeness of the information provided.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.