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Tata Steel 28 Oct Option Put 190: A Potential Move to ₹25 if It Holds Above ₹13

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🌐 Blog Title: Tata Steel 28 Oct Option Put 190: A Potential Move to ₹25 if It Holds Above ₹13 --- đŸŸĻ Part 1: English Version (Approx. 1700 words) 📈 Market Overview Tata Steel, one of India’s most reliable and cyclical stocks, often shows strong price action near expiry weeks. The 28 October 190 Put Option has recently attracted traders’ attention as it may rise to ₹25 if it stays above ₹13. This specific setup highlights a strong technical zone where sellers may weaken and buyers start to accumulate. 🔍 Understanding the Option Setup A Put Option gains value when the underlying stock price falls. In this case, Tata Steel’s price behavior directly affects the 190 put option. If the underlying (Tata Steel spot) begins to slide toward or below ₹190, this option could gain premium value. Key Support Level: ₹13 (critical for sustaining bullish sentiment in the put) Potential Target: ₹25 Expiry Date: 28 October Underlying Asset: Tata Steel This setup is ideal for short-term tra...