COALINDIA: Can See Strong Bounce from IPO price?

COALINDIA: Can See Strong Bounce from IPO Price?

Parallel Channel BREAKOUT in Hourly Chart
Projected path mentioned in Chart.

Go LONG: for TGT @ 255, @ 259.5, @ 261.70+
BEST BUY: @ 247.4 - @ 246.1
More update later.

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Disclaimer: Only For STUDY.
For taking Trade Decision Consult Financial Advisor.

Trade active:

Strategy For FnO Trader:
COALINDIA Fut: @ 248.45
LONG Futures 27-07-2017: @ 248.55
SHORT 260CE 27-07-2017: @ 2.05,
LONG 245 PE 27-07-2017: @ 4
Strategy Price (Net Option + Future Premium): 2.00 Point / LOT
Max LOSS: 5.40 Point / Lot.
MAX Profit: 9.55 Point/ LOT