Lot Size 1,800
Cost of the strategy Rs 3 (Rs 5400 per strategy)
Maximum profit Rs 12,600 If BPCL closes at or below 300 on August expiry
Break even Point Rs 307
Also Read
-- Stock price has broken down on the daily chart by closing below the important support level of 322 with higher volumes
-- Stock price has been forming lower top lower bottom on the daily charts
-- Oscillators and Momentum Indicators like RSI and MACD showing weakness in the stock on the daily and weekly charts
-- Stock price is trading below its 5, 20 and 200 day SMA, Indicating weakness in the stock
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