The zone of 665-675 is an important level for Infosys .
Weakness will be confirmed once it closes below 644
Alternatively one may consider the following strategy for Infy
Consider selling Infosys 680 Call option for Jan series
Lot size 1200
Max profit potential ₹25200 per lot
The strategy will have an in built loss protection cover for a rise in stock price up to 701
Take care and safe trading...!!!
Made a high of 677 and is currently at 667
Infy 680 Call Option is at 20.80
(Strategy is still in profit)
Continue to hold...
Take care & safe trading...!!!