also, McDow now in buy zone. This one is mostly positional trades. I was hoping to get a dip to buy but it ran up. 550-555 would be good to start buying in parts.
there will be intra lunch dip that is there on trend days but 2nd half can be explosive. i've booked most from morning entry.
today is weekly expiry also
It is a very slow moving stock so 1290 by EOD is extremely difficult....even 1280 EOD looks difficult.....but a superb stock to buy at every dip.....in a rally to 1290 in few days I would look to sell 1320 Feb calls against my holding in the stock....
there will be intra lunch dip that is there on trend days but 2nd half can be explosive. i've booked most from morning entry.
today is weekly expiry also