Thursday, 7 December 2017

Gail - Bullish Breakout

Gail made a bullish breakout with good volume after one month consolidation. 

Buy 500 Call Option at 11.6
Sell 520 Call Option at 5.75

Maximum Profit on this trade is : 28300
Maximum Loss on this trade is : 11700

Risk Reward Ratio is 1:2


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Indiamart Weekly Bullish Breakout

After 3 months of correction stock is made good set up to buy on monthly and weekly chart. Breakout with volume.