Balkrishna Industries
Updated
Current price action looks similar to what happened in February 2018. Price is at previous interim peak resistance, so chances are there for a correction. Short for an initial target of 1100 and second target of 1070, stop loss day's high.
Trade active
Trade suggestion: Sell 1220 CE July seriesTrade closed: target reached
Price remained below 1220 throughout the trade, we could have taken almost all of the premium.
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