L&T: Buy for Medium to Long term & Strategy for Short term

6 Apr 2020

L&T

Those who are looking for investment ideas with a medium to long term perspective can look at L&T for targets of 1040 - 1120 levels.

Levels are mentioned in the chart.

Alternatively for a short term trading idea one may also consider the following strategy for L&T

Consider selling L&T 30 April 2020 Put Option

Lot size :375

Strike Price: 740

Sell Price: Between 35 - 40

Max profit in the strategy Rs 13125 - 15000

Time frame: till 30th April 2020

The strategy has an in built protection against loss for a fall in price in L&T up to 705 - 700 levels till 30th April 2020.


It's your hard earned money that you are trading with...
Do take care of it...!!!

Happy & safe trading...!!!

7 Apr 2020

Dagangan aktif

740 Put option update

Open and high 36.70.

As suggested gor the price in the selling range of 35 - 40

Trade is active

7 Apr 2020

Nota

In equity, L&T opened at 805 and has made a low of 798.30 so far.... So even in cash segment L&T has given an opportunity at 798....

13 Apr 2020

Nota

L&T jumps 5% today so far.
CMP 855

Also update on strategy to sell 740 Put option

Sold at 36.70
CMP of Put option 15.70

That's a profit of 375*(37.7-15.7) = Rs 7875/- per lot so far....

Hope u guys r Enjoying the journey

Happy trading...!!! :-)

15 Apr 2020

Nota

Those who bought in cash consider booking profits