Primary Chart: IWM on a weekly timeframe with downtrend line and major support and resistance zones Note1: IWM is an iShares ETF that represents the Russell 2000 small-cap index in the United States. Though not as widely tracked as SPX, NDX, or DJIA, the Russell 2000 ( TVC:RUT ) is one of the major US indices. It is likely the fourth most watched US index. Note2:...
Here, looking to potentially get into this underlying on weakness with a high long delta setup while not spending a lot of buying power doing it. Unfortunately, the strikes aren't as granular as I'd like with my general standard setup for these being (a) buying 2 x 75 delta; and (b) selling a 1 x 50 delta, resulting in a net delta long metric of around 100 so...
On Daily chart Ambuja Cement is forming Ascending Triangle. Break and Sustain above 280 will take it to 300--310 and then to 330++ mark. Support at 265--260. Trading Recommendation Bull Call Ration Spread +1x 25FEB2021 270CE - ₹ 13.5 -4x 25FEB2021 300CE - ₹ 3.9 Max. Profit ₹ +94,800 at (₹ 300) Undefined loss above 310.00 Subject to hedge after...