Maruti has broken its symmetrical triangle on the upper side expecting a target of of 8000-8200 in the month of December.
Bull Call Spread on Maruti
+1x 31DEC2020 7200CE - ₹ 303.5
-1x 31DEC2020 8000CE - ₹ 72.25
Max. Profit - ₹ +56,875
Max. Loss - ₹ -23,125
Max. RR Ratio - 1:2.45
Breakeven - 7432
Estimated Margin/Premium - ₹23,000-- ₹25,000
Bull Call Spread on Maruti
+1x 31DEC2020 7200CE - ₹ 303.5
-1x 31DEC2020 8000CE - ₹ 72.25
Max. Profit - ₹ +56,875
Max. Loss - ₹ -23,125
Max. RR Ratio - 1:2.45
Breakeven - 7432
Estimated Margin/Premium - ₹23,000-- ₹25,000
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.