Continuously uptrend |Retrenched to fib & support| Option Data

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The stock is in continuously uptrend and given multiple breakout, recently corrected and retrenchment golden level.

The bullish engulfing candle created from support & fib level and partial confirmed from volume surge.

Idea : Go long above mentioned level in week chart with stop loss at support level and target of 30%.

Short only if support broken, target and stop loss as per price action & pivot point.

Option Data : Max Put writer at Strike 400
Max Call writing at price range of 440-450

The option data suggesting that price range between 400-450, above 450 definitely will initiate short covering and will be an entry point.

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The above chart based on 2 hourly time, the price broke the trendline and retested level with bullish candle.
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