What is the use of holding position of an option which is below the strike price when the option is very close to expiry. If it is a future trade means there is a chance to gain or possibility of reducing the losses. Option premium will erode very fast when it is nearin...
sakthivel4305 replied to Sanjiv Kumar vashisht's comment
There is very less chances to reach 1000 bcs stock is in bearish trend. Expiry is only 4days left. There is only chance to reach at a maximum of 970 only before further down. Your premium will become 0. At least get some balance on Monday by closing the position.
As my business approaching almost zero level. I have no other go than trading. I have extensive study and learning and I am in out of loss zone in last 2 quarterly settlements. Hoping to do something better than now. But in trading anything is not sure.
Price may approach 440 levels before reversal.If you have enough capital just leave and wait for reversal but it take more time to come to your bought price.
I think the strategy you follow must be not a better one. May be have 50 percent success rate.kindly refine it with the reason for the losses you have incurred.
It has a first support at 123 if it is broken next is around 113. You can consider but it will take long time to break your bought price bcs weekly and monthly charts only have bullish set up.Day chart looking for decline towards the weekly support of 123. Act as per...
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