SunTV Cup and Handle Pattern - Vega Bet

If you are buying futures, as per rules it is a buy above the break of the high with a stop loss at the day's low but that is a stop loss worth 30,000 INR which I can not afford.

Sell Suntv 800 PE at 25.25
or, Straddle at 820 PE CE with an initial credit of 69

Kommentera:

As I read my OI data, Lower R: Upper R is 720:880.

Kommentera:

High is not broken. Avoid at this moment. Vega is sky high as tomorrow it has results.

Handel aktiv:

Your trailing stop loss should be PDL so 812.05.

Kommentera:

Showing weakness near breakout area. I will suggest to book the futures and get straddle.

Kommentera:

previous bet was 889 and 751
Closed straddle at 15K loss and Opened 760PE 800 CE strangle
with initial credit is 32.6+18.4=51
current bet is 709 and 851
I laddered my lower bep down.
adding loss, it is 725 and 835