stock in channel resistance may break out or come down so buy ce and pe of june expiry Strategy Positions +1x 27JUN2019 370CE - ₹ 10.4 (0) +1x 27JUN2019 370PE - ₹ 9.65 (0) Max. Profit ₹ Undefined Max. Loss ₹ -2,119.46 Breakevens 360.3-374.3
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same you can do short side also sell ce pe 365 no loss scenario