Cipla .... trading above 752.... upside is visible 804 with s/l 741
CMP 771.....
Take care...
December 13000 put option... trading well below reversal point.... market still looking strong as such...
Chart is self explanatory... for levels...check the chart at your end....
Reliance now the trend is neutral.... (no short as long as trading above 1933...)
Read the chart at your end..
Sequence change entry at 37.80....s/l 25.40 triggered...high made 57...(our target is 84.80)
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Hourly sequence.... s/l should be 25.40...and target may be 84.80
Take care...
As such no position in weekly option at our end...
Tomorrow... my take is selling call option may be the right strategy.... in my list 13300 weekly call option, watch hourly sequence level and decide...
This week also... weekly band details not posted in the hangout due to restricted small range.....
Cheers...