India Ltd. stock, 1000 is solid support. We will be salivating to grab some at that level. Between 2009 and 2013
, it spent most of the time between 500 points wide boundary of 400 - 900 and now if it wants to do the same between 1000 and 1500 then a pullback lower will be a good chance to trade it from buy side.
Buying the stock in a band of 800 - 1000 during the move lover puts probability in favour of solid profitability in future !
Meanwhile, our trade in Dabur
has approached the take profit level. We are squaring the puts and closing the covered calls against the long term long positions.