BIOCON LIMITED.
Short
Updated

Short on every rise!!

167
it has gap between 221-245 which is going to fill and it is fundamentally weak due to news so sell on rise!
1) sell between 244-248 csl:258 Target: 238/230/224/218
2) if you are selling on CMP then your strict sl:248 and target remains same 230/224/218

Trade with strict sl as result on 25 july!!
Trade active
one may adopt following expiry strategy.

opstra.definedge.com/strategy-builder/trade/0frH7GMyRS1tpGiK
Note
aggressive trader may adopt NET DEBIT strategy. previous one was NET CREDIT.

opstra.definedge.com/strategy-builder/trade/0frH7GMyRS1tpGiK
Note
i don't know link is working or not!!
Net credit : buy 1 lot 240 PE @7.25 and sell 2 lot 230 PE @4.45>>>>> -1.65
Net debit: buy 1 lot 240 PE @7.25 and sell 2 lot 225 PE @4.45>>>>> +1.05
Trade active
TRAIL YOUR SL TO COST!!
Note
Huge profit in both strategy!
expiry may near 230-235

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