Torrent Power - Symmetrical Trading Breakout

Breakout on Torrent Symmetrical Triangle

Above 330 , it can touch 350--360 and then 370++ mark.

Immediate Support at 310.

Trading Strategy with Bull Call Spread.

+1x 31DEC2020 330CE - ₹ 12.9
-1x 31DEC2020 360CE - ₹ 4.35

Max. Profit ₹ +64,350
Max. Loss ₹ -25,650
Max. RR Ratio - 1:2.51
Breakevens - 339.0

Estimated Margin/Premium - ₹ +34,067