ICICI PRU LIFE
CMP 398.65
We observe
- range bound activity in ICICI Pru Life for the June series so far
- the stock looks likely to test 416 in coming days
- support at green line
Given the chart set up
One may consider selling ICICI Pru Life 380 Put option around 7.5
Yield potential of 5% til 25th June 2020
Loss protection for a fall in price up to 372.50
Take care & safe trading...!!!