SunTV - Time to Dusk

SunTV - shining bright even after having formed -ve divergence/s for a while now. It's time to dusk.

With a sell below 464 and SL @ 476, we could see the Sun setting to 450, 435 and 420.

PS: this would also make a good hedge along with my other long call on KotakBank.

Comment:

One can try the following hedge:

Short - SunTV - 470 PE around 23
Long - KotakBank - 1920 CE @ around 51

Order cancelled:

Stock didn't come to selling price and turned away from yesterday's low. No trade...