EXIDE INDUSTRIES LTDShort
EXIDE reversal from RESISTANCE ZONE, THETA DECAY
EXIDE reversed from its resistance level.
For THETA DECAY-
For conservative entry one can sell EXIDE SEPT 230CE at 1.45 with a lot size of 4000 for a potential profit of 5800.
For aggressive entry one can sell EXIDE SEPT 225CE at 2.3 for a potential profit of 9200.
Our take profit is at the level of 61.8% based on Fibonacci lines.
For THETA DECAY-
For conservative entry one can sell EXIDE SEPT 230CE at 1.45 with a lot size of 4000 for a potential profit of 5800.
For aggressive entry one can sell EXIDE SEPT 225CE at 2.3 for a potential profit of 9200.
Our take profit is at the level of 61.8% based on Fibonacci lines.
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