Bharti Airtel: In Consolidation mode and trading strategy

Bharti Airtel
CMP 550

- The stock has been in consolidation mode for some time

- 530 could be crucial support levels

Given the set up

One may consider selling Bharti Airtel 530 Put Option around 12

Lot size 1851

Max profit potential Rs 22212/- per lot

Loss protection in strategy for a fall in Bharti Airtel price up to 518 till 27-Aug-2020

Take care & safe trading...!!!

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