Long for the target of 29063 spot, Use only half quantity. This is for big move SL will be 50% of the premium paid. if bought call option. Don't buy OTM call. Buy only AtM or 1 strike price away OTM. You can also buy the future. The best is to sell puts.
Commentaire:
29030 is the high target was 33 points away. let us see. This trade is risky because the index is giving no retracement, Upside after retracement is a healthy rally because it accumulates more buyers.