BEL has closed below major Daily & Weekly Support, also formed head & shoulder some time back and has broken the neck line, its little late to go for sell but it is worthy. Proper position sizing and risk management is compulsory.
Commento:
This is biggest call of mine on this forum, Single script has given more than 1 lac rs gain. For the whole month BEL traded at lower levels, Selling call options of 93/95/98 have given huge profits. Made a new low of 86.35 today when m typing this.
For me this trade is still open if today and tomorrow it closes below 87.5 (cash) for target of 77-79. High probability of this target.
For me this trade is still open if today and tomorrow it closes below 87.5 (cash) for target of 77-79. High probability of this target.
Sold call option of 95 and 98 has given massive gains.