Arvind Resistance Level and Theta Decay
- Bearish harami candle formation after rally indicates exhaustion of buying
- Stock has also reached Fibonacci 1.618 level from previous low.
- Resistance Level 1 reached
- Theta Decay advantage can be taken
- One can short Resistance Level 2.
- 430 CE available at 4.55 (lot qty 2000)
- Stock has also reached Fibonacci 1.618 level from previous low.
- Resistance Level 1 reached
- Theta Decay advantage can be taken
- One can short Resistance Level 2.
- 430 CE available at 4.55 (lot qty 2000)
Note
Target achieved. Exit the position and invest in better opportunities
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