Disclaimer: All the information posted is for education purpose only. Do your due deligence. Also check for liquidity of option before getting into trade, Options should be traded by experienced traders only..
Hul made a low of 44 from 58 levels, 8th June check below for the analysis :
Metropolis Daily, Hourly & 15 Min Chart:
Daily Hourly & 15 min all timeframes showing RSI below 35 indicating more momentum in the downfall.
Metropolis ATM PE Option RS Chart
ATM PE option indicationg strength on RS chart signalling more fall in the counter
Metropolis ATM PE Option buying Trade
Above 71 we can see 80-85 & trail with Sl of 56, If SL hit loss of 3k.
Metropolis 1500 CE option selling trade:
The CE option chart indicates follow throughs for the selloff and can anticipate further fall in the counter with SL of 120, short at 91.5 targets of 70-60, and can trail based on further patterns.
Disclaimer: All the information posted is for education purpose only. Do your due deligence. Do your due deligence. Also check for liquidity of option before getting into trade, Options should be traded by experienced traders only..
All details about the analysis presented in the above charts friends! Enjoy!
Dont forget to do your analysis.
You know disclaimer and all that stuff!
Please this post is for education purpose only.
Please share if you find it helpful.
Name : Raghavendra S
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Think Equity 
Both targets achieved today 😊
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