Nifty: Would the green zone provide support...???

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Nifty Closing Price 14238

- Nifty has seen a drop of 500 odd points from the top of 14753
- in the last 2 trading sessions, Nifty has traded the channel well...

What next?

Till the time green zone is held on to, Nifty has a possibility to bounce back...

Important levels on the downside: 14213 / 14193 / 14148 / 14105
Important levels on the upside : 14288/ 14320 / 14358 / 14445 / 14530


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
syot kilat

Nifty low in early morning trade.

Risk to go long is less from current levels
Dagangan aktif
One may consider Selling Nifty 14050 Put option
CMP 60

The strategy gives a risk cover for a fall in Nifty price up to 13990
NIFTYoptionstradingideastradingviewTrend Analysis

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