kunal_finner

kunal_finner Updated 

Adaniport racing towards 650 which is the next resistance. Wait for it to come there and then short it using call options. Call options are priced richly and selling call spreads at 650 is a good trade.

kunal_finner Updated 

Bharti breaks key support and ends below 200. Take an itm put as iv is multi month low. 760 put is just 3 bucks if extrinsic value Keep a stop at 760 which is the 200. The put will lose 50 percent at the stop. Target of 710 which is the next logical support. Bonus, bharti coming out of a multi day squeeze and flag, which is fairly unique

kunal_finner Updated 

Bearish flag below the 200 dma. Pidilite is consolidating at 2300 which is a strong support. And break below can take it to 2000 which is the next support. Execution - take in the money calls at 2400 as they are cheap on iv basis. 2400 puts at 100. Stop loss at 2360 which would be 50 bucks. Target of 2100 or above the next logical support shown on the chart.

kunal_finner Updated 

Nifty short on the breakdown of the trend line at 18000. Take puts against it fir April. Implied volatility of only 11 percent for April means a 300 point spread for a 1000 point downside. Keep stop om retractement to above 18000