Barish Gartley observed in PEL. Also levels near daily resistance zone. Wait for a strong terminal candle before entering. I'll be entering (if there is confirmation candle) with a combination of put options as IV is high.
Views only for educational purposes. Do your risk assessment before entering financial positions.
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We are long on 1340 PE and short on 1300 PE (to avoid time decay).
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Started profiting around 20% of risk exposure. Partial exit at this point is advised.
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Look at today's volumes... Stock already down by 40Rs. from our buy point, and now volumes confirming. Positions can be added on pullbacks.