@SainathViswanadhuni, Support is NOT broken. Long term support break needs confirmation always. Otherwise, it's fakedown. I hold 235PE. No other view. Sleeping.
SainathViswanadhuni
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@Amit_Ghosh, you are on bull side but holding put option ????
Amit_Ghosh
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@SainathViswanadhuni, I do not buy options. I had sold 235PE. I had closed that yesterday and sold 240PE now. BEP is 234.7
KULVINDER_1981
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mr. Amit its not a long signal but a short signal as it has closed below its lowest level of H&S
Amit_Ghosh
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@KULVINDER_1981, Same trade is buy in someone's view. Same trade is short in someone's view.
ArasuKutty
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Yes.may be it touch 230 and only turn
whatamaresh
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@ArasuKutty, Yes looks like that only. Might go down if nifty is in correction mode
whatamaresh
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In next 3 days if it breaks 240 and stays above it, then we can invest in this stock