Hi everyone!
This is my first idea on this platform this year.
Due caution advised. Only for education learning purposes.
On weekly charts, NIFTY is seen following the bullish flag pattern. If it manages to not plummet this week and sustain above 17700, it shall surely mark a journey towards 18350 and beyond in the next couple of weeks.
I’m going to buy some calls and short some puts if it sustains above 17700 and would hedge it with put buys.
This is my first idea on this platform this year.
Due caution advised. Only for education learning purposes.
On weekly charts, NIFTY is seen following the bullish flag pattern. If it manages to not plummet this week and sustain above 17700, it shall surely mark a journey towards 18350 and beyond in the next couple of weeks.
I’m going to buy some calls and short some puts if it sustains above 17700 and would hedge it with put buys.