As there is no geo political tension as of now and as today' s crude inventory report suggests of un-changed situation of lower oil prices in longer term which is beneficial for the investor sentiment.
Our take profit is at the level of 61.8% based on Fibonacci lines.
Tomorrow's theta decay idea is to sell Indigo August 1150 PE at 3.40. With 600 as lot size potential profit is 2040.
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