Nifty Looks Bearish Dec 15 Expiry of index options

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NIFTY
Nifty 15.12.2022
Weekly Expiry of index options
CMP 18,660
no strong immediate support or demand
if open GAP UP >> above 18690+ then buy ATM call option , next supply line is at 18,800/- prefer to buy put at 18,800

Dull or Flat opening at or below 18,660/- buy a ATM put option it may fall down to 18,450/- SL 18,690/-



Disclaimer: Analysis is for training and education purpose. author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice. consult your financial advisor before investing.
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Supply and DemandSupport and Resistance

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