ESCORTS KUBOTA LTDUpdated VIEW
3848.05 is the level. Short Eicher Motors for the target of 3812 and then second target of 3784.
You can Short sept futures only when 30 min candle in spot closes below 3848.05 level. Option sellers can sell ATM options and use 50% of the premiums as SL , use this number. If option premium reaches above your 50% of selling price. then book SL in futures too, this is how you put your SL based on premiums of options.
You can Short sept futures only when 30 min candle in spot closes below 3848.05 level. Option sellers can sell ATM options and use 50% of the premiums as SL , use this number. If option premium reaches above your 50% of selling price. then book SL in futures too, this is how you put your SL based on premiums of options.
Note
Sorry It is Escorts not Eicher Motors. :)Note
getting activated
Trade closed: target reached
Activated at @3pm candle yesterday, it went little up but did not hit target. Now almost hit our first target of 3812, it made low of 3812.7..was able to book half at 3820, will trail rest for second target
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