The stock has come out of downtrend and pushing towards the upper range Currently buyers exhaustion ( retracement ) can be seen --> MFI also started decreasing --> expecting price to come to red zone than continue its push to the 240 target range
Trade Setup :
When price comes down to 215 Level --> SELL PE option which has value of 5rs ( possibly 205,200)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.