I’ve bought one lot of Adani Vitality Options December futures for ₹1,000. What ranges ought to I intention to guide revenue/loss? – Rajeev Gupta, Lucknow
Adani Vitality Options (₹980): The inventory has been in an uptrend since early September. It discovered assist at ₹750 which helped in establishing a rally. However after hitting a one-year excessive of ₹1,050 three weeks in the past, the uptrend misplaced momentum and the worth has been moderating since then.
Nonetheless, the current drop in value is more likely to be solely a corrective one and the inventory is more likely to resume the rally. Supporting this, the worth stays above a key assist at ₹950. Given the prevailing chart set-up, we anticipate the inventory to renew the uptrend and contact ₹1,100 within the close to time period.
Therefore, Adani Vitality Options December futures, too, is more likely to rise to ₹1,100. So, you possibly can retain this commerce.
However we suggest holding a stop-loss at ₹950. When the contract strikes as much as ₹1,050, revise the stop-loss to ₹1,015. Tighten the stop-loss additional to ₹1,050 when the worth hits ₹1,080. Guide earnings at ₹1,100.
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Printed on December 6, 2025