The stock is at crucial resistance levels
Given the set up one may consider to sell 25 Nov expiry 260 Call option currently around 7
Strategy has max profit potential of Rs 47250- per lot and has in built loss protection for a rise up to 267
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
