View 1
As per harmonics 0.886 levels it can reverse which is at 1260
Sell at 1255 - 1265
SL 1285
Target at 1240,1200
View 2
As per chart you can see it has given a BO from trendline also the highest OI on put side is 1100 PE.
You can sell 1100 PE and pocket 14 points which is sureshot with expiry in another 2 weeks.
Margin - 2.2L
Add 1340 CE to it and another 12 points and margin reduces to 2.8L
BEP comes at 1366 on upside and 1074 on lowerside.
We are betting on a range in this view.
View 3
Wait for some retracement if comes around 1140-1160 and can long with SL 1120
Disclaimer: I am not a SEBI Registered Analyst. This is for educational purpose. Please take position after consulting your advisor.