Ambuja - Shorts Setup
Logic -
1. RSI divergence
2. Multi Trendline Resistance
Trade Plan
Buy Ambuja 375PE May Expiry - 12.50 - 13.50
Sell Ambuja 360PE May Expiry - 7.50 - 8.00
Max Profit - Rs 14,025/- (per Lot)
Max Loss - Rs 8,475/- (per Lot)
Margin Required - Rs 21,000 (per lot)
Profit Probabilty - 38.5%
buy Put first, sell Put later for margin benefit.
Logic -
1. RSI divergence
2. Multi Trendline Resistance
Trade Plan
Buy Ambuja 375PE May Expiry - 12.50 - 13.50
Sell Ambuja 360PE May Expiry - 7.50 - 8.00
Max Profit - Rs 14,025/- (per Lot)
Max Loss - Rs 8,475/- (per Lot)
Margin Required - Rs 21,000 (per lot)
Profit Probabilty - 38.5%
buy Put first, sell Put later for margin benefit.