SUN PHARMACEUTICAL IND L

Long

Sun pharma long above 460

Updated

Above todays high for 480/500

Note

Intraday Inverse head and shoulder formation SL 455

Trade active

what a intra breakout after update
457 to 463 ....6 points move

Note

intra flag pattern is in progress

Trade active

469 done

Note

Call Put
OI. Change in oi. Expiry Change in oi. OI
958,750 -158,750 28MAY2020 -255,000 263,750
521,250 263,750 25JUN2020 410,000 521,250

This is OI data of sunpharma which suggest 500 call n put writting is seen with 52 rs premium.....its range should be 450 to 550 in june expiry....or as per data buy on dip

Note

its only observation....no trade is based on this

Note

its due to results short stradle is done at 500 strike price

Trade closed: target reached

todays high 498......chart posted on 2oth may good move by sunpharma

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