According to Gann Fan studies 17600-17700 seems to be the highest of the swing. It seems a better point to shot the market. My expectations is, market might go below 14000. Buying DEC 17500 PE might give a good benefit.
According to Gann fan studies, depending upon the date 17600-17700 seems to be the highest point of this swing and expected to go down less than 14000
After several days, this stock had a breakout with a good volume. This stock is comparatively cheaper than other stocks in this segment.
