I hope you're doing well. I wanted to share a brief update regarding the short-term trend of the stock NSE:MCX I have been monitoring. Currently, the stock is experiencing a downtrend in its short-term price movement. My analysis indicates that market conditions and recent price action suggest a period of declining prices. This information could potentially be useful for your investment / hedge strategy.
If Stock Break 2850-2840 level then possibly we can see 2730-2690 level so if you are ready to take Risk then I have 2 Strategies For Month Of November Series that we can Deploy.
1)Buying an Option Strike Rate= 2760 PE Buy Price= 21-22 Stop Loss= 13 Target = 30,35,43 Time Frame 4-6 Days Investment = 8800 maximum Loss= 3600 Profit Upto = 8400