Make money by selling Motherson

The price gives the breakdown of the parallel channel and of support1.

Futures Trade
Short: 118.10
Stoploss: 122.65
Target: 111.30

Options Trade
Bear Spread
+1x 29SEP2022 120PE
-1x 29SEP2022 115PE
Max. Profit: +12,375
Max. Loss: -10,125
Max. RR Ratio - 1:1.22
Breakevens : 0-117.5