Nifty : At Cross roads

13 thg 7, 2020

Nifty
CMP 10789

- Nifty is trading above the breakout line but is struggling to stay afloat....

- Given the set up one may consider selling 16 July expiry Nifty 10800 Call option between 80 -100 currently trading at 86
Target 37 / 0

Keep a Stop Loss at 107.50

14 thg 7, 2020

Ghi chú

Nifty 10800 Call Option Update

Yesterday it gave ample opportunity to sell between 80-100

CMP 45

Consider booking profits as per risk appetite.
Or consider booking partial profits and keep a revise Stop Loss at 73 for Balance position to ensure profitability in trade

Happy trading...!!!

14 thg 7, 2020

Ghi chú

14 thg 7, 2020

Ghi chú

Nifty 10800 Call option 1st Target of 37 achieved

14 thg 7, 2020

Ghi chú

Nifty 10800 Call option update
CMP 25

Revise Trail Stop Loss to 45 to ensure profitability in trade

Happy trading...!!!

14 thg 7, 2020

Ghi chú

On July 07 we had given a possible target set up for a fall up to 10550...

That target is almost done today. Nifty Spot low so far 10562.90 & Nifty Futures Low so far 10553