NIFTY Target for July Expiry! Good time to buy OTM Puts
My previous call for the month of June had it's long targets acheived. However, market seems to be taking a breather and the Risk:Reward for Shorts are much more favorable.
I personally don't think that NIFTY will cross 11k this month looking at the condition of the economy.
I personally don't think that NIFTY will cross 11k this month looking at the condition of the economy.
Dagangan aktif
Dagangan aktif:
As mentioned in the chart i have Bought 2 lots each of put options at the strike prices of 10400 and 10000.
My stoploss for this trade would be 11k on NIFTY, which seems a very high valuation for the market in the present conditions.
My stoploss for this trade would be 11k on NIFTY, which seems a very high valuation for the market in the present conditions.
Dagangan aktif:
Chance for Re Entry!
Dagangan aktif:
Seen a good fall today! Be ready to book profits at T1 incase it respects the trendline and doesn't break down. However looking like a good trade. Put your Stop Losses in place if you want to be safe
Dagangan aktif:
MULTIPLE ENTRY POINTS
Dagangan ditutup: sasaran tercapai
Dagangan ditutup: hentian tercapai:
Respected Trendline, bounced from T1
