ICICIBANK : cmp : 676.65 A cup & handle kind of pattern formed and BO done near 665. Now trading near the ATH resistance zone of 680. RSI trending up and big bullish candke has been formed. If surpass and sustains above 680 lvl, a fresh buying move possible in the short term.
TGT may be 698/714 SL 659 clbs
Positional TGT 776 Positional Sl 638 clbs
Option Strategy : Buy Aug 680CE @ 16.5-20.5 tgt 31/38 Sell July 670 PE @ 10 tgt entire premium. Disclaimer: Ideas for learning Only. Learn Regularly. Not occasionally.