balaji_damo
Short

Amararaja - Short Idea

NSE:AMARAJABAT   AMARA RAJA BATTERI
Amararaja has given a good bull run after a continuous down fall.

Given the rise is too sharp there will be a retracement.

One can go short below 780 with for T1 - 768 T2 - 748 T3 - 729.

SL at 797 or 807 (based on risk appetite) as 807 is resistance.

For this expiry one can go short on 820 CE at 4 and 740 PE at 1.8. If you are aggressive you can short 800 CE at 10.5 for better premium
Comment: All options expired at 0.05 fetching full premium.

Short trade not active yet
Trade active
Comment: T1 Reached
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