RELCAP is presently at its support level, and todays candle closed green and ended above the high of the previous day candle. One can go long with 2arget 1 till 38.2% retracement and Target 2 till 61.8% retracement with stoploss at the low of the previous day candle. For theta decay one can short RELCAP OCT 540PE at 4.15 with lot size of 1500 for a potential profit of 6225.
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