Can go long with support of 490-95? I guess 510 call option good to play long side?
AyushSinghba
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@ajit_bobs, That's what I had in mind. Good risk to reward ratio. The only problem is that the trade will be against the long term trend of Sun Pharma. Nifty is also in a downtrend, but since the S&P 500 and Dow Jones rallied on Friday, that shouldn't be a problem for a short-term trade.