NSE:INFIBEAM sell initiate for 14 Nov 2018 using 1 hour chart based on Fibonacci levels, check below Sell level : Sell Below : 51.85 Stop Loss : 55.2 Target : 47.85
Earnings tomorrow after market close, likely to be heavily negative. I intend to enter the trade late towards the market close to minimize theta. A major risk here is the theta since the lot size is massive.
