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vigneshwaraj

Expiry Strategy Apr: Sell 240 Call @ 1.2

Short
EXIDE INDUSTRIES (NSE:EXIDEIND)  
vigneshwaraj  
NSE:EXIDEIND   EXIDE INDUSTRIES
Trend Analysis Chart Patterns Technical Indicators options-strategy optionstrading optionsstrategies optiontrader optionselling optionexpiry
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trendanalysis chartpattern indicator options-strategy optionstrading optionsstrategies optiontrader optionselling optionexpiry
EMA 50-day and 200-Day signals the bearish trend. Recent reversal from 50-day EMA and MACD confirms the downward trend. In the coming days, the stock would retest the downside level of 200. Expect it to expire below 200-EMA which hovers around 240 level.
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