Trade with options data

Status
Not open for further replies.

kiranjakka

Well-Known Member
i am a bit confused about tata motors option data. Is it suggesting that the stock will go up from here but might not touch 250? I am confused as 220 and 230 ce have shed oi and the spot price is already close to 240.

Whats your view?

i was long in tatamotors in morning as it has shown some classical signs of bullishness but later half of the day around 1.30 that bullishness slowly faded and so sold off, let us check out tomorrow at 10 am and conclude if it is still bullish or not.IT WAS EXPECTED TO CROSS 250 IN MORNING
 
i was long in tatamotors in morning as it has shown some classical signs of bullishness but later half of the day around 1.30 that bullishness slowly faded and so sold off, let us check out tomorrow at 10 am and conclude if it is still bullish or not.IT WAS EXPECTED TO CROSS 250 IN MORNING
I think if it crosses 245-246 (charts show resistance around these levels), then 250 should be easy. I am also bullish on Tata motors from the series perspective...provided we don't hear any sentiment damaging news from Fed / ECB.

Many thanks Kiran for all the useful posts you have contributed here. It surely should be a must read for all beginners.
 
Status
Not open for further replies.