Bharti Airtel has been consolidating for a longtime also that is a good fibo level,from here it can give a good upside breakout,as we can see buyers are coming which can be seen in the last candle.
PLS DO LIKE, IF YOU LIKE THE ANALYSIS.IT WILL MOTIVATE ME TO PUT MORE SUCH THINGS
Trade closed manually:
I had Sold 540 OTM CE and Bought 530 ATM CE, RTR 1:1.4, Price didn't go as per analysis but selling this call reduced the risk.
One can expect it to go to the nearest peak and take support that is near 490