HCL consolidated in Range of 892 to 923 for 10 Days i.e., for 2 weeks, on 14-05-2021, day candle closed bullish Pattern.
If it breaks it touches 980/- next Resistance, 892/- is acting as strong support.
HCL lot size 700 , 980CE trading at 5/- amount to be invested 3,500/-
if analysis goes wrong can have strict stop loss of 2.50/-
Right now Hcl is in Range of 892/- to 1063/- for last 139 Days.
as per max pain theory expiry strike is 910.
If it breaks it touches 980/- next Resistance, 892/- is acting as strong support.
HCL lot size 700 , 980CE trading at 5/- amount to be invested 3,500/-
if analysis goes wrong can have strict stop loss of 2.50/-
Right now Hcl is in Range of 892/- to 1063/- for last 139 Days.
as per max pain theory expiry strike is 910.