RS
MARUTI — 2‑Day Trade Setup
Short, actionable view using your inputs: futures price, 17,000 CE option price, CPR status (15‑min). Use proper risk management.
MARUTI FUTURE
₹16,486
MARUTI 17,000 CALL
₹174
Timeframe / Bias
15‑minute — Bullish (above CPR)
Targets & Risk (2‑day outlook)
| Type | Price / Zone | Remarks |
|---|---|---|
| Conservative Target (T1) | ₹16,650 | Retest of upper CPR band / near R1 |
| Aggressive Target (T2) | ₹16,780–16,800 | 2‑day swing resistance — higher momentum scenario |
| Support (S1) | ₹16,400 | Important intraday support; watch closes |
| Major Stoploss (Futures) | ₹16,350 | Close below → bias weakens |
T1: ₹16,650
T2: ₹16,780–16,800
Stop: ₹16,350
Recommendation: Keep a trailing stop once ₹16,650 is cleared. If price drops below ₹16,400, reduce exposure or exit partial position.
Option View — 17,000 CE @ ₹174
| Scenario | Estimated CE Move |
|---|---|
| If FUT → ₹16,650–16,700 | CE could rise to ~₹220–₹240 |
| If FUT → ₹16,780–16,800 | CE could rise to ~₹270–₹300 |
| CE Stoploss (suggested) | ₹130 |
Options move non-linearly—volume, IV, and time decay affect outcomes. Use position sizing: risk only what you can afford to lose.
Technical Notes
- Price trading above CPR on 15‑minute chart → bullish short bias.
- Confirm strength with rising volume or a clear close above ₹16,650.
- Watch for reversals near the T2 zone; consider partial profit booking.
Quick Checklist
Entry Signal: Price above CPR & confirmation candle
Target: ₹16,650 → ₹16,800
Stoploss: ₹16,350 (Fut) / ₹130 (CE)
No comments:
Post a Comment