Coal India Ltd is trading at 153.4 and in a downtrend for a long time . Price is reaching near to demand zone In the Options Analysis strong pressure on Put side is at 150 level. So Price is expected to remain in above 150 on the current month's expiry. Buy and hold for the 5 weeks.
Disclaimer: the author may enter in trade, take your own decision , This is a trading idea, not an trading or Investment advice
Trade closed manually
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Stock is dull now, Received Rs 10 as dividend income.