- A bit complicated...but self explainatory.
- I see huge upside potential in the stock.
- Support and resistance levels are as shown.
- Trend lines too are given.
- Since the stock has made small candles in the past, i expect to see just 3/4 big candles in the month as in bajaj twins to complete the retractions.
- Ideally, trade in the the stock only in cash.
- Else...sell ATM Calls and put, subsequently add options positions in the direction of the trade.
- Personally i am biased towards upper side, however lets see what happens.
FEDERALBNK
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