Axis a buy proposition ?

22 ביוני 2020

Close price is above the trend pattern, indicating a breakout. Volumes are good, price is above 10 ema and 50 ema. Mind says to take a position, but somehow, heart lacks the conviction. Going in got an ATM call option for august.targets 7.5-10-12.5-15 percent upside. Putting a 2.5 percent stoploss with atr trailing stoploss. Lets see