Divergence Trade 2: Long DLF

DLF is taking support alongwith mild divergences shown by all the three RSIDIV. Long position can be taken.

CMP; 335
SL: 329
Target: 345.

Also we can take PE bull spread by selling PE 335 at 11.2
and buying 320 PE for approx : Rs 5

Max profit 15 K and profitable above 330. Max loss 30K. Though risk reward ratio looks odd, we will benefit even if DLF doesn't move at all.

ปิดการเทรด ด้วยตนเอง:

Since price hovering very close to 344-345, exited at 344