This stock is showing a squeeze. The bandwidth is at a six month low. Prices have already started to move up and it has gained almost 3% in yesterday's short 2 hour session. Given this background, a breakout is almost certain and buying the May 85 Call Option can give good returns.
Below is the strategy performance. The May 85 Call closed at Rs 5.70 so the break even point is around Rs 90.70