One of the good thing about Justdial is it is a crap company which makes its balance sheet inflate with other income. Yesterday Morgan Stanley bought Justdial.
Now if we see the OI - 640 and 660 CE has an obscene amount of shorts. But today PE shorting has been seen aggressively due to the delivery of Morgan Stanley Maybe.
There are so many possibilities with Justdial currently. But one thing is certain that - this expiry the downside will be pretty safe.
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.