Nifty: Levels identified with Technical Analysis working well
Nifty
Yesterday we had given a short in Nifty for target of 15680
It didn't work yesterday but today we see Nifty making an exact low of 15680
Nifty has support at 15680 / 15633
Given the set up
one may consider Selling Nifty 24 June expiry
15600 Put option
& simultaneously
Buy 15300 Put option
Strategy has a yield potential of 12.3% till June 24 expiry
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Yesterday we had given a short in Nifty for target of 15680
It didn't work yesterday but today we see Nifty making an exact low of 15680
Nifty has support at 15680 / 15633
Given the set up
one may consider Selling Nifty 24 June expiry
15600 Put option
& simultaneously
Buy 15300 Put option
Strategy has a yield potential of 12.3% till June 24 expiry
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Nota
Nifty filling the Gap zone today
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.