its Been Consolidating from past few days as you can see inside blue box and making Doji & shooting star Candle
Stochastics is around 90
so i bet it will retrace till 23.6% of Fibonacci
Conservative Traders Can short 570 CE its at 9 right now 9*1500=13500 profit if DHFL stays below 570 @ expiry or u can book profit midway
Aggresive Traders can short 560 CE its at 14 right now 14*1500=21000 profit if DHFL stays below 560 @ expiry or u can book profit midway
or you can Trail stoploss it once in profit to keep your profits Intact
Stochastics is around 90
so i bet it will retrace till 23.6% of Fibonacci
Conservative Traders Can short 570 CE its at 9 right now 9*1500=13500 profit if DHFL stays below 570 @ expiry or u can book profit midway
Aggresive Traders can short 560 CE its at 14 right now 14*1500=21000 profit if DHFL stays below 560 @ expiry or u can book profit midway
or you can Trail stoploss it once in profit to keep your profits Intact