RBL BANK: Chart set up & strategy

RBL Bank
Cmp 171

The stock is now trading near important resistance level.

Given the set up, one may consider selling RBL Bank 200 Call option around 8

Lot size 1500

Max profit ptential Rs 12000/- per lot

Yield potential 10.35% approximately till 25 June

Loss protection for a rise in price up to 208 on 5 June

Take care & safe trading...!!!