Hindustan Petrol from 17 July 2020

The stock has come out of downtrend and pushing towards the upper range
Currently buyers exhaustion ( retracement ) can be seen --> MFI also started decreasing --> expecting price to come to red zone than continue its push to the 240 target range

Trade Setup :

When price comes down to 215 Level --> SELL PE option which has value of 5rs ( possibly 205,200)


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