Upward channel is there but showing sign of testing 1500 Level then possibly bounce back. Also, overall market is sell on rise. View: BEARISH Expected Target 1500 CMP 1703 Going for Bearish Spread (HEDGING) seems to be the best choice at the moment. Buying 1800 CE would be good for buffer in case there is bullish move for short time. CMP 50 Shorting 1500 CE seems to be good idea get the max juice out of the move. CMP 250
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