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RBL BANK: Chart set up & strategy

Short
NSE:RBLBANK   RBL BANK LTD
RBL Bank
Cmp 171

The stock is now trading near important resistance level.

Given the set up, one may consider selling RBL Bank 200 Call option around 8

Lot size 1500

Max profit ptential Rs 12000/- per lot

Yield potential 10.35% approximately till 25 June

Loss protection for a rise in price up to 208 on 5 June

Take care & safe trading...!!!

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