Stock is trading at 750 and near to supply zone. 798 to 825.05 is the weekly supply zone, So one can short the Script or Buy an PUT option Strike Price 750 at Rs 10-12 or below, Lot 1200, Feb 25 Expiry , two weeks time remaining.
Disclaimer: author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice. AXISBANK
Trade closed manually
Supply zone worked very well , stock bounced back from supply zone and put price shown upside movement. now stock is getting support , close the position in profit.
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