Bajfinance sell -swing trade / positional trade

Bajfinance break a good support zone. If it breaks previous day low then Baffinance may fall till 5400
Positional Trade :-BAJFINANCE sell below 5845 to 5835

Target 5800, 5760,5700,5600,5540,5400

After selling, you cannot keep a stock overnight. so, one can take this trade in option.

e.g. Buy 1 lot  5700 PE feb expiry  - ₹ 117.65  

      Sell 1 lot 5500PE  - ₹ 62.45

Prob. of Profit :-34.5%

Max. Profit:- ₹ +18,100 (70.77%)

Max. Loss:- ₹ -6,900 (-26.98%)

Max. RR Ratio:- 1:2.62

Breakevens:- 0-5644.0