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HDFC BANK Positional / Swing Trade / Short-term Trade "Big Idea"

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Here please refer the chart and under stand the pattern which is showing bounce back from the current levels.
As per chart: HDFC BANK trading in a range of 1550 to 1700 since Nov'22 means from last 10 months this stock trading in a range. We can use the consolidation term for this. stock being sideways from last 10 months.

Big Idea
Always give some to technical analysis and spend time to understand maximum points visible on single chart, and please note points. who much time you spend over chart reading you will found more new things and your view would be more clear.

Now we learn new things:
We are creating a condition:-
I have done technical analysis over chart of HDFC Bank.
and as my view is bullish as well as I'm confident over my analysis. Then what I will do??
Obviously I will buy this stock. But if have insufficient capital to buy 500 shares.

Capital required for buy 550 qty (550 x 1612 (cmp)) = 8,06,000/-
Now I have my analysis so I'll go for buy IMT Option (in the money) ie HDFC 1600 CE CMP = 33
(Cost for Buy 1600 CE would be 33 x 550) = 18,150/- only.

So By trading in options you can take advantage of more qtys.

Disclaimer:
I'm not SEBI certified analysist the information I'hv shared it's just for information and education purpose only. I'm not recommending any buy or sale here. I would be not responsible for any kind of loss or profit.