From the Highs of 4400s to the recent lows of 3500s stock has almost corrected near 20% n finally started to rose from a good weekly demand zone
But it seems the trouble is not over yet
As we can see a strong supply zone with gaps is present in the daily time frame, with a supply range between 3600 - 3670
Any signs of bearishness in lower time frame will be a good time to sell CE or buy PE with a strict Sl above 3680 for a downside target of 3450
Stock also has one more selling opportunity area in daily time frame with supply range between 3750 - 3775
If monitored properly can benefit from both the opportunities
But it seems the trouble is not over yet
As we can see a strong supply zone with gaps is present in the daily time frame, with a supply range between 3600 - 3670
Any signs of bearishness in lower time frame will be a good time to sell CE or buy PE with a strict Sl above 3680 for a downside target of 3450
Stock also has one more selling opportunity area in daily time frame with supply range between 3750 - 3775
If monitored properly can benefit from both the opportunities
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