Wockhardt has been testing the resistance of 650 and giving up. Thrice post the jump from 25-05-17 it has retraced from this level. 15-06-2017, 20-07-2017, 13-09-2017
Taking 565 as a safe target
Taking 565 as a safe target
Comment:
600 is acting as support and not letting price move below
Comment:
If the close is below 595/-
Or should one Short futures for target of 550
or is less risky to one Sell 1 lot 650 call and eat the premium?
Or should one Short futures for target of 550
or is less risky to one Sell 1 lot 650 call and eat the premium?