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vigneshwaraj
Oct 9, 2019 5:52 PM

Expiry strategy: Sell 230 Put >1.  Long

ITC LTDNSE

Description

Stock tumbled from 310 level to 235 levels in the last 5 weeks.
Recently, it witnessed sharp bounce back from low around 235 by following a reversal double bottom pattern with volume. MACD also confirms the reversal.
Any fall could invite fresh buying in this stock. Expect the stock to expire above 230 level in Oct series. Lot size:2400

Trade closed: target reached

Expired @ o..
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