Sure Shot Call of the Week: Super Jackpot





BUY BAJAJ AUTO ABOVE 3050  Stop loss: 3010 TARGET: Around 3150

Bajaj Auto Close @ 3025 Up 97 Points in Previous Week with Gains of 3.32%, 

A symmetrical triangle breakout gets confirmed if 3050 is crossed.

Possible upside-10% do buy 3050 put option for protection.

Derivative Analysis:-

Volumes -3.8 times

Delivery-4 times

Open interest addition-15% 

Unwinding and shifting seen from call writers from 2950 and 3000 strike price to higher levels.

Today prices has closed above last 19 weeks high.

Almost 4 months highs.

Highest Open Interest in last 4 months.



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