Sun pharma long above 460

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Above todays high for 480/500
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Intraday Inverse head and shoulder formation SL 455
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what a intra breakout after update
457 to 463 ....6 points move
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intra flag pattern is in progress
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469 done
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Call Put
OI. Change in oi. Expiry Change in oi. OI
958,750 -158,750 28MAY2020 -255,000 263,750
521,250 263,750 25JUN2020 410,000 521,250

This is OI data of sunpharma which suggest 500 call n put writting is seen with 52 rs premium.....its range should be 450 to 550 in june expiry....or as per data buy on dip
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its only observation....no trade is based on this
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its due to results short stradle is done at 500 strike price
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todays high 498......chart posted on 2oth may good move by sunpharma
Chart PatternsTrend Analysis

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