FII added long positions in sbin futures expiry 23feb2017, thus expecting the price to go up.

The stock may continue its bullish trend after consolidation. But i am not sure about the trade plan.

1 Comment
  1. Author
    Divya S 7 years ago

    Buy CE 275 @ 7.4
    Sell CE 290 @ 2.2
    Lot size 3000
    Max loss 15600 ( 5.2 * 3000)
    Max profit 29400
    Break-even @ 280.2

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