ICICIBANK Option Hedge Strategy

 

ICICIBANK Option Hedge Strategy

Buying ICICIBANK 380CE (SEP2020) @ 9.4

Selling ICICIBANK 400CE (SEP2020) @ 4.1

Required Margin @ 17800/-Rs

Maximum Profit @ +20200/-Rs

Maximum Loss @ -7300/-Rs

NIFTY Future Trading Levels


09-JULY-2020

NIFTY SPOT CLOSED 10705

NIFTY BREAK MAJOR SUPPORT 10680 - 10690 BUT NON SUSTAINED AND CLOSED 10705

IF NIFTY BREAK AGAIN AND SUSTAIN BELOW 10690 THEN DOWN SIDE TARGET 10662 - 10638

NIFTY FUTURE MAJOR RESISTANCE 10740 IF BREAK THIS LEVELS WITH VOLUME THEN UP SIDE TARGET 10770 - 10794

Nifty Intraday Trading Levels

NIFTY SPOT CLOSED 10799.65

TODAY NIFTY FUTURE BREAK 10810 BUT NOT SUSTAINED TODAY'S HIGH 10813

IF BREAK AGAIN AND SUSTAINED 5 - 10 MIN ABOVE 10810 THEN UPSIDE MOVE POSSIBLE 10848  - 10875

NIFTY SPOT MAJOR SUPPORT 10740 - 10690

NIFTY FUTURE BREAK 10740 THEN DOWN SIDE TARGET 10710 - 10692

FINALE HOPE 10690 IF BREAK THEN 10650 - 10612