Technical analysis suggests that the stock is making higher highs and higher lows. The stock has corrected along with Index (Nifty) in month of Feb'18. The stock is trading at its immediate support / trend line. The script looks good candidate to take positional trading. My view on the script is on the long side. One can long on the script at current level with target of 412 and above and stop loss of @386.
Option seller (risky) can sell Mar'18 expiry 380PE strike price position and aggressive trader (option seller) may sell 390PE strike price.
Option seller (risky) can sell Mar'18 expiry 380PE strike price position and aggressive trader (option seller) may sell 390PE strike price.