@seshu sir, recently TAMO is trading in a range. TAMO is trading near 100 after falling nearly 75% from it's peak. So another bad news may definitely drag it below 100. But I cannot predict the time. As it's valuation is near 98, so it should touch 98 at least once before further big movement.
Secondly playing naked option is not a good idea sir. Always play with level and buy option when candle pattern are formed. Remember option buyers are looser in most of the time.
Lastly please do not gamble with your money. Market is purely technical. Market is nothing but a systematic money transfer from INDISCIPLINED TRADERS TO DISCIPLINED TRADER. So please be a disciplined trader. Learn and earn.
For any technical query please WhatsApp at 7001927873. Learning is always free from me.