CRCL on the Edge: Bearish Play Loading… 📉 CRCL Weekly Options Alert (Aug 12, 2025)**
**Bias:** ⚠ **Neutral → Bearish** — Weak volume + bearish weekly RSI
📊 **Quick Stats:**
* **Daily RSI:** 40.8 ↗ (bullish divergence from oversold)
* **Weekly RSI:** 58.7 ↘ (bearish drift)
* **Options Flow:** Call/Put = **1.19** → neutral
* **Volume:** 1.0× last week — no institutional conviction
* **Gamma Risk:** Moderate — 3 DTE & rising time decay
💡 **Consensus Take:**
* Lack of strong buying pressure + bearish weekly trend = higher downside risk short term.
**Trade Idea:**
* **Type:** Naked PUT
* **Strike:** \$155.00
* **Expiry:** Aug 15, 2025
* **Entry:** \$6.22
* **PT:** \$10.90 (+75%)
* **SL:** \$2.80
* **Confidence:** 68%
* **Entry Timing:** Open
⚠ **Risks:**
* Earnings news could swing price violently
* Daily RSI divergence could spark short-term bounces against your position
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**📈 TL;DR:**
Weekly trend still weak, volume flat, options flow balanced → bearish skew.
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Bearishtrade
BANKNIFTY 52700 PE (29 May 2025 Expiry) – Intraday Options Type: Intraday | Put Option (PE)
Strike: 52700
CMP: ₹635.00Recommended Buy Range: ₹626.00 – ₹631.00
Target Achieved: ₹730.00 ✅
Stop Loss: ₹570.00
Profit Booked: ₹94.35 / +18.45% 🟢
⏱️ Timeframes: 15min & 1H
This was a quick momentum scalp based on:
🔻 Weakness in BankNifty index with rejection near key resistances
📉 Bearish candles on 15min + volume confirmation
🔄 Entry near VWAP zone, breakout of structure support
For Education Purposes Only