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Ragav27

Accumulation phase in a rectangular box

Long
CIPLA LTD (NSE:CIPLA)  
Ragav27  
NSE:CIPLA   CIPLA LTD
Rectangle accumulation consolidation straddle strangle options-strategy
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rectangle accumulation consolidation straddle strangle options-strategy
The stock is under accumulation for the past few months.The chart is self explanatory.Read the details given in the chart for a thorough knowledge.
Option sellers can use this script by doing strangle or straddle with break-even falling between 885-999 preferably.

This post is for educational purpose only.
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