Bata India - Strong Straddle Opportunity
Stock currently in strong uptrend
But also approaching near strong supply zone
Expecting the stock to remain in a pendulum mode
As the expiry is far, and the premiums are as well high, a straddle opportunity is on the cards if played well
Expecting the stock to remain between 1420 - 1350
But also approaching near strong supply zone
Expecting the stock to remain in a pendulum mode
As the expiry is far, and the premiums are as well high, a straddle opportunity is on the cards if played well
Expecting the stock to remain between 1420 - 1350
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