Will This Stock Breakout Now ? (Options Trade)

 Hello All, 

This is a Post About a Breakout Potential Stock and a Possibly Multibagger Option Trade. 

The Stock in Discussion is Mahindra and Mahindra Ltd. 

We Will See the Chart : 

The Stock is a Strong Performer with Diversified product portfolio. One of the Best Companies across the World developing steadily as a Major player in Auto Sector. 

The Stock is Forming a Bullish Cup & Handle Formation on Weekly Chart. The Handle is developing and and now it is near a Short term falling trendline. The Indications are strong to Breakout above the falling Trendline and a Move towards the Neckline of the Cup & Handle which is placed around 955. Once the Breakout above 955 is done, the Stock will Move Higher towards 1400-1500 levels in a Very Short Duration. 

On the F&O Perspective, I have already given a Trade to Our HNI Marathon Clients which is as follows : 

HNI MARATHON (2.0) 

MAHINDRA & MAHINDRA LTD. (JUNE FUTURE) 

Buy @ 790 

Add @ 750

Stoploss : 730

Targets : 840 - 870 

Lot Size : 700 x 2 Lots 

Risk : 56000

Reward : 98000 - 140000

Remember, HNI Marathon is Our Target Based F&O Portfolio Management Service Where Capital Requirement is 20 Lacs and Our Experts Manage the Account, So We do have Enough Capital and Expertise to Manage Risk.  

 

For Smaller Traders, Option Trades are Important and Need to be taken Carefully. 

This trade is Specially for "OPTIONS PORTFOLIO" Members. 

OPTIONS PORTFOLIO 

MAHINDRA AND MAHINDRA 820 CALL (JUNE)

Buy @ 26 

(Place Buy Orders at this Level)

Stoploss : 13 

Target : 78 and above 

Lot Size : 700 

Investment : 18200

Risk : 9100 

Reward : 36400 and above

The Option is Not yet Liquid and there is Big Spread in Bid/Ask, Do Not Enter Orders at Market Price. It will be Costly Trade. 

The Trade is Positional in Nature, so Obviously there won't be immediate Movement in this trade. Those who don't have patience may avoid this trade. We may hold it till June Expiry which is Far away. 

Options Portfolio keeps Trading in Options on Rotational basis and With Proper Risk Management Across Counters. Already Given Many Trades in Free Groups this Month for Trials as We are Opening for Subscriptions in This Service after a Long Time and Haven't discussed anything about this service in most of the Free groups. 

Feel Free to Check the Details of OPTIONS PORTFOLIO here in this Link : 

https://optionsmagician.blogspot.com/2021/05/options-portfolio-2021.html

Risk Disclosure : 

Trading Options without Knowledge is Injurious to Your Financial Health and Can be Dangerous. We Keep Our Portfolio Properly Diversified and With Enough Free Capital to manage Risk. Do Not Take Trade if you are not aware of the Risk Management.  

If You are Still Not in Our Free Groups, and Want to try everything with us.. Just Click on the Link 

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