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NSE:INFIBEAM sell initiate for 14 Nov 2018 using 1 hour chart based on Fibonacci levels,
check below Sell level :
Sell Below : 51.85
Stop Loss : 55.2
Target : 47.85
Earnings tomorrow after market close, likely to be heavily negative. I intend to enter the trade late towards the market close to minimize theta.
A major risk here is the theta since the lot size is massive.