Moving average cross over confirms the continuity of bearish trend. As well, MACD signals that bulls would find very challenging to hold the high in near term. Expect it would stay below 90 level for Dec series. By considering the lesser liquidity, suggesting option investors to execute the order above 0.5
MRPL failed to breakout resistance zone making a breakout failure setup. safe players can go short below 80.5 with target of 76.5 and stoploss above 82.5 risk:reward ratio = 1:2 if stoploss gets hit then just reverse the trade that is go long above 82.5 with stoploss below 80.5.