Ind Hotel - Sideways Straddle OpportunityCurrently stock stuck between Strong Demand & Strong Supply Zone
Demand zone 715 - 705 (Lowest point upto 700)
Supply zone 755 780 (Highest point upto 785)
A strong straddle trade opportunity can be created if stock settles near 735, and IV & Premium remains high
Strong supply & demand zones are also formed in 125 as well as 75 min TF to support the analysis
Do data analysis before entering
Straddle-charts
Bata India - Strong Straddle OpportunityStock currently in strong uptrend
But also approaching near strong supply zone
Expecting the stock to remain in a pendulum mode
As the expiry is far, and the premiums are as well high, a straddle opportunity is on the cards if played well
Expecting the stock to remain between 1420 - 1350