Due to Low AVG.Crude Oil Price in Last Quarter (Q1 of 2017-18)
Refining Margin may in pressure, Drag RELIANCE to Below Median LINE
Harmonic "Bearish CRAB in Progress".
PRZ: @ 1588 (if Pattern Confirms.)
All are Plotted in Chart.
Do SHORT in Higher Level, BEST Above @ 1560+
TARGET: Plotted on Chart.
FnO trader can LONG Nearer OTM PUT Option, when traded at or above @ 1555+
More Strategy on QUERY.
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Please don't forget to Hit / Click Like button.
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Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
Refining Margin may in pressure, Drag RELIANCE to Below Median LINE
Harmonic "Bearish CRAB in Progress".
PRZ: @ 1588 (if Pattern Confirms.)
All are Plotted in Chart.
Do SHORT in Higher Level, BEST Above @ 1560+
TARGET: Plotted on Chart.
FnO trader can LONG Nearer OTM PUT Option, when traded at or above @ 1555+
More Strategy on QUERY.
If enriched your knowledge and would help you in trading,
Please don't forget to Hit / Click Like button.
Your likes motivate me to post better ideas in future.
Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
Trade active
LONG: 1540PE LTP: @ 20.55 (at 10.57)Best long / more accumulation: @ 17.75
TARGET: @ 22.20, @ 24.75, @ 27.60, @ 29.70, @ 43+
SL: 13.65 (By Closing
Trade active
as mentioned BEST SHORT @ 1560Made a HIGH @ 1559.80.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.