LICHSGFIN, CMP 622, has made Head & Shoulder pattern and may lead to a big fall now.
However we may see some retracement, to 640-680, before the action.
Short setup Sell LIC below 614 with SL of 690 (short SL 636). Target 550 / 520
Instead of keeping the short SL it will be better to hedge the trade and buy 630 CE @ <14 (buy only when the actual trade triggers). This will help minimize the risk
บันทึกช่วยจำ
Stock showing weakness as expected but trade not triggered yet
การซื้อขายยังคงดำเนินอยู่
Trade triggered @ 614. Now 606 Bought 630CE Oct series @ 10.50 to hedge risk of bounce
บันทึกช่วยจำ
Get rid of the stock above 647. Will buy again later 630CE is bought at 10.50 is now 25.50
บันทึกช่วยจำ
LIC has made a perfect dogi today. Tomorrow can be a day of reversal for LIC Sell 630CE holding if LIC moves below 660 Will prepare to make short position thereafter