Tata Power: At crucial resistance levels
Tata Power
The zone if 252-256 is crucial zone for Tata Power
267.90 is the gap down level on 18 April 2022
Given the set up one may consider to sell 265 Call option
The strategy has protection for rise up to 268.5
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
The zone if 252-256 is crucial zone for Tata Power
267.90 is the gap down level on 18 April 2022
Given the set up one may consider to sell 265 Call option
The strategy has protection for rise up to 268.5
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
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