IBULHSGFIN short trade idea. Script is in a downtrend and formed falling wedge pattern. It has broken the wedge pattern but the breakout lacked bulls strength. The script is weak till it breaks recent lower high. Script may touch lower channel level first / support zone before seeing a buying pressure.
Trade idea - Short 1240CE / 1260CE April expiry or buy 1200PE April expiry
Trade idea - Short 1240CE / 1260CE April expiry or buy 1200PE April expiry