It may touch price levels of around 122 and then reverse towards the downside.
SELL below 120 SL 122
Targets 118, 117, 115, 112, 110
OR
NTPC 29AUG 120 PE (₹0.65), 117.50 PE (₹0.05)
SELL below 120 SL 122
Targets 118, 117, 115, 112, 110
OR
NTPC 29AUG 120 PE (₹0.65), 117.50 PE (₹0.05)
OR
NTPC 29AUG 120 PE (2 - 1.35 = 0.65), 117.50 PE (0.50 - 0.25 = 0.25 )