iCharts Discussions

welgro · Brown Belt Joined: 24 Sep 2012 Posts: 1784

BUY OPTOCIRCUI 115 CALL OPTION :CMP 4.10 +

BUY OPTOCIRCUI 120 CALL OPTION :CMP 2.50

TOTAL INVESTMENT : 6.60

HOLD, EXIT CALL LATER

vinst · Black Belt Joined: 09 Jan 2007 Posts: 3303

very low liquidity in opto circuits options. difficult to trade.

vinay28 · Black Belt Joined: 24 Dec 2010 Posts: 11748

it's best for investment

Gemini · White Belt Joined: 28 Apr 2009 Posts: 166

My view based on daily chart:

Opto is likely to drop to around Rs. 100 (to make double bottom). It will be useful to wait till then and initiate Call Long + Put Long (may be 100 Rs. strike price for both).

s.muthuswamy · White Belt Joined: 15 Jun 2008 Posts: 96

The lower line 1-3-5 must connect the first low 1 and the second low 3 which lies well below the line drawn . Thus the point 5 has not been fixed so far. In other words Opto will fall some more , even below 97.3 and then only will rise; I think so.