Fundamental: Because of Tata Tiago sales the plant utilization has gone up; so we see a margin increment.
Technical Harmonics. M&M Fin had similar setup last time.
Conservative Investors can short 420 PE July options instead of longing it.
Bet: Breakout of Ascending Triangle
Safe Setup: One can put the 'closing basis stop loss' 3 points from the low of last swing low candle.
Normal Setup: Already mentioned
Option Setup: One can sell Axis Bank 480 PE
Hedge Setup: One can buy 1 lot of Axis Futures and buy 1 lot of Axis Bank 480 PE