ONGC: EXPIRY Comparative Study & No GST Effect

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ONGC: @ 157.85.
EXPIRY Comparative Study
Comparison of Last 4 months Expiry Day & after Effect. (Thumb rule: HISTORY REPEATS)
Having No GST (Goods & Service Tax) Effect in this Counter.
Looks Fundamentally GOOD, After Corrected from @ 205 Level (Recent PAST).

Also LONG / Accumulate for Good Dividend Yield.
Best LONG @ 156.5

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Trade Activated @ 156.5
Till NOW today's LOW.
Nota
Strategy for Future Trade:
LONG Fut @ 157.55 + LONG 155 PE @ 3.1 + SHORT 165 CE @ 2.00.

Max LOSS: Rs. 3.55 /LOT
Max Profit: Rs. 6.45

Better Calculate yourself Also
Nota
Can Change SHORT 165CE with SHORT 167.5CE (@ 1.70)
Extra Risk Rs. 0.40, EXTRA GAIN Rs. 2.50

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