on a daily and hourly timeframe, National AL is showing bullish Divergence , based on Open interest data stike price 65 has a good resistance however strike price 60 has a good support as well. need to see call writing at 60 and 62.50 stike prices.
based on the hourly time frame an entry can be made at 62.30 and above with and SL of 60.
trade executed at 62.30, currently trading at 65.55 and we trail our SL to 64.55. Strike price 70 has huge resistance.
Trade closed manually:
entry was 62.30 closed at 64.55 Profit of INR 2.25
one lot 8000 * 2.25 = 18000