ITC View for Nov Expiry

ITC gave a 50% retracement with two inverted hammer with Stochastic NCO

Decent Trade for next 10 days.

SELL 235 CE @ 4.50
BUY 240 CE @ 2.40
Total : 2.10 = Approx. Rs. 6720 /- (2.10 * 3200)

Required Margin in Zerodha : Approx. Rs.50000/-, Final Margin : Rs.35600/-

%Profit = 6720 / 35600 = 18.87%