NIFTY TRADE SETUP

I am thinking of taking a bearish position in Nifty due to a minimal stop loss. To execute this trade, sell the 20650CE or 20700CE options and hedge the position according to our risk appetite. Alternatively, we can take a bear put spread by buying the 20650PE and selling the 20400PE options. These two positions carry low risk for me..

I will set a stop loss at Nifty 20610 and my target is 20300 . It is important to hedge your position to mitigate potential risks.

Before taking any positions in the trade, it is important to conduct a thorough analysis to evaluate the potential risks and rewards. This analysis will help determine if the trade aligns with your risk appetite and whether it is worth pursuing.
To calculate the breakeven point, maximum profit, and maximum loss using Sensibull.
Chart PatternsniftyoptionsniftytradesetupSupport and Resistance

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