HINDPETRO
End of Bully Rally & Bearish Divergence
Sell Range - Rs460 to Rs480
SL - Rs510 (weekly Close)
Target 1 - Rs396
Target 2 - Rs340
Potential Return - 32%
Potential Loss - 7%
Very goood RR Ratio, worth a try...
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Maruti & ONGC Similar Strategy click above charts to view
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Dec PE 400 now CMP Rs4
Buy Dec 400 PE - Below Rs2 ( CMP - Rs1.20)
Buy Jan 400 PE - Below Rs4.75 ( CMP - Rs4.15)
be careful with options because of time value...