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      SBI 950 Call Option — BTST Targets & Stoploss
Quick BTST plan for 950 CE @ ₹23 based on the 1‑hour CPR breakout — targets, stoploss choices, risk/reward and trade checklist.
Option / Strike
          SBI 950 CE — ₹23
        Underlying (Spot)
          ₹944
        Signal
          Bullish (Crossed above 1‑hour CPR)
        BTST Target Plan
| Target | Option Price (Approx) | Spot Level Equivalent | 
|---|---|---|
| T1 (Partial) | ₹28 – ₹30 | ₹955 | 
| T2 (Primary) | ₹34 – ₹36 | ₹970 | 
| T3 (Extended) | ₹40+ | ₹990+ | 
Plan: Book partial at T1 (~30‑40%), trail SL to entry+2 once T2 is reached. Carry remaining for T3 only if market structure stays bullish.
Stoploss Options
| Type | Option SL | Rationale | 
|---|---|---|
| Intraday / Tight | ₹19 | Limits downside for same‑day trades | 
| BTST / Standard | ₹16 | Below recent premium support — good for overnight hold | 
| Chart Invalidation | Spot < ₹935 | 1‑hour CPR broken — exit | 
If option drops to SL, consider exiting immediately to preserve capital. Avoid averaging into a losing premium unless you have a clear plan.
Risk / Reward Examples
| Scenario | Entry | SL | Target | Approx R:R | 
|---|---|---|---|---|
| BTST | ₹23 | ₹16 | ₹36 | 1 : 1.85 | 
| Intraday | ₹23 | ₹19 | ₹30 | 1 : 1 | 
Size positions so that the dollar (INR) risk matches your tolerance (commonly 1–2% of capital per trade).
Trade Checklist
- Spot closes above CPR on 1‑hour chart — primary confirmation.
- Prefer entries on intraday dips towards CPR that hold.
- Confirm rising volume or positive MACD on hourly/15‑min for conviction.
- Set SL before entering and stick to it; plan partial exits.
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