ZM Bearish – Lower high in 1D chart .
For this play to work we need :
• Zm to go back to 420 – 425 and reject , come back down from here .
• Zm to go back to 436-440 ( Red line ) and reject .
** This trade will not work if we break above 440 .
Target for this trade :
• 1st Target 400 -397
• 2nd TG 390
• 3rd TG 370- 368
• 4rd TG 345
• Last target 300 – MA 200 In daily chart



How to play
1. Debit Put

• buy 400 put and sell 390 put Nov 27
• buy 380 put and sell 370 put Dec 4
• buy 370 put and sell 360 Put Dec 4
• BUY 350 – 340 Put Dec 18

2. Credit call

• Sell 430 call buy 420 call Nov 27 . ( IF ZM reject at 420 – 425 )
• Sell 450 call buy 440 call Nov 27 ( IF ZM reject at 436-440 )

3. Buy 400 Put or 420 put NOV 27 or Dec 4
Last few thing :
• Don’t GO ALL IN
• Only risk what you accept to lose or cut loss if this trade not go in our favor.
• Take profit along the way
Chart PatternsTechnical IndicatorsshortTrend Analysiszm

Feragatname