vigneshwaraj

Expiry Strategy: Sell Dec 90 Call @ 0.5

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NSE:MRPL   MANGALORE REF &PET
Moving average cross over confirms the continuity of bearish trend. As well, MACD signals that bulls would find very challenging to hold the high in near term. Expect it would stay below 90 level for Dec series. By considering the lesser liquidity, suggesting option investors to execute the order above 0.5
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