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25.08 - 13:36
The India Cements: Bullish to sideways
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The daily trend of India Cements is bullish to sideways. The RSI for monthly and weekly is showing sideways momentum.
But the RSI for daily is showing bullish momentum. Data shows that its maximum open interest on the PUT side is at strike 200, and on the CALL side, it is at 240.
We are assuming it will spend most of the time between 205 and 240. We are recommending a short Iron Condor strategy for taking a short-term non-directional strategy.
. Read more on economictimes.indiatimes.comAbout this in other media
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