Jindal steel backtested 2 yrs data. Sideways/Neg move expected.

JINDAL STEEL & PWRNSE

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⋅ 26 Mei 2020 pukul 08.08

For all cases, where daily returns are >9% on closing basis, the stock moves sideways/negative returns (on daily basis) on next day.
We can safely short 110 CE for weekly expiry.

Beyond Technical Analysis

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