PrachiMetha

hedge strategy in $NSE:LUPIN

Short
PrachiMetha Updated   
NSE:LUPIN   LUPIN LTD
Dear Followers,

I hope you're doing well. I wanted to share a brief update regarding the short-term trend of the stock LUPIN I have been monitoring.

Currently, the stock is experiencing a downtrend in its short-term price movement. My analysis indicates that market conditions and recent price action suggest a period of declining prices. This information could potentially be useful for your investment / hedge strategy.

If Stock Break 1210-1200 level then possibly we can see 1170 level so if you are ready to take Risk then I have 2 Strategies For Month Of November Series that we can Deploy.

1) Buying an Option
Strike Rate= 1220 PE
Buy Price= 26-27
Stop Loss= 20
Target = 40,50
Time Frame 7-8 Days
Investment = 22500
maximum Loss= 5100
Profit Upto = 20000

2) Hedge strategy LUPIN1!
Future Entry Level - Sell 1223-1225
Future Stop Loss Level- 1240
Future Target Level- 1200,1190
Option Level- Buy 1220 CE
Investment = 45000
Maximum Loss = 12000
Profit Upto = 23000

Best Regards,
Trade active:
Both Order Executed
Trade closed: target reached:
Both target Done

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