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NIFTY50 DEC OPTION SWING TRADE IDEA FOR HUGE PROFIT

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NIFTY50 is currently trading at 26075 & trading at new life time high.

There are a lot of fundamental, technical & valuation reasons why I am taking this trade.

I'm seeing a trading opportunity with very good RR.

I am taking long positions in NIFTY DEC MONTHLY 25000 PE at CMP 240

I will add more quantity around 100-120, if comes & Hold with stoploss of 40

Risk in this trade is 140 points & reward is huge.

If any external event takes place which is not factored in by local & global markets, Then we can see 10-20% correction easily given current overvaluations. Hence I am taking this trade. I am not taking this trade to hedge my portfolio. I am already sitting at 75% cash & only 25% capital is invested as of now. I have bearish view on market at current valuation & I have 3 months time too which makes this trade a perfect trade with great RR.

ENTRY, SL & TARGETS are mentioned in the trading idea. If any panic happens, In that case we may see all targets getting hit.





Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Dagangan aktif
CMP 264

Trading above cost. Holding.
Dagangan aktif
CMP 304

27% in profit. Holding.
Dagangan aktif
CMP 460

92% in profit. Holding with CTC SL.
Dagangan aktif
CMP 560

133% in profit. Holding.
Dagangan aktif
CMP 602

152% in profit. Holding.

NIFTY50 just gave break down of H&S pattern on daily time frame. We will see 23400 soon.
Dagangan ditutup: sasaran tercapai
CMP 660
240 to 660

Target 1 reached.
Dagangan aktif
CMP 750

240 to 750 - 212% in profit.
Dagangan aktif
CMP 845

More than 3.5x from my buy price.
Dagangan ditutup: sasaran tercapai
CMP 1050

Target 2 reached. Now more than 4x from my buying price.
Nota
Target 3 reached.
240 to 1560 now!

Penafian

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