<ul data-eligibleForWebStory="true"><li>Page Industries stock has been on an upward trajectory since early March with some moderation recently around ₹48,800.</li><li>Stock has formed a base at ₹45,750, supported by the 50-day moving average at ₹45,600.</li><li>Friday's candlestick signals a bullish trend, indicating a potential rally towards ₹49,300 and ₹50,000.</li><li>Probability for a rally to ₹49,300 is high, but might not occur before June expiry as per option chain.</li><li>Expect a rally to ₹48,200 before June expiry with potential for 50,000-call premium to rise to ₹100-110.</li><li>Suggested strategy is to hold the option contract and exit at ₹100, then consider July expiry call options.</li><li>Stock outlook remains positive unless it breaches support at ₹45,600; liquidity in July series expected to improve.</li><li>Consider buying at-the-money options near June expiry for a bullish trend continuation.</li></ul>

F&O Query: Should you hold Page Industries call option?

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