- earlier we had discussed the importance of 15628 and 15735and Nifty made a low of 15635 and high of 15737 that day.
- In our previous post we had given levels of 15804 - 1840 levels for today
That is exactly where we have seen Nifty spend the whole day today.
- on a 15 minute chart
- First candle, Nifty closed at 15807 and (3 points above 15804) - last candle closed at 15838 (2 points below 15840)
Need we say anything more...
Charts have a lot to tell you... are you willing to listen?
Going forward, Nifty 15742 should be held on to.
On the upside, further movement towards 15915 / 16020 can be expected only on sustaining above 15865
We were able to capture Nifty movement with the help of Technical Analysis and Derivatives Strategy. 🙂
Our strategy update We had suggested selling Nifty 15700 Put option for 15 July expiry
15700 Put (suggested selling at 120) closing price today: 52
Profit of 68 points so far. Continue to hold
Happy 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
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.