Nifty: Chart view & important levels for 04 June expiry

2 juin 2020

Nifty
Closing price 9826


For 02-June
Important resistance 9860-9880 / 9920 / 9990 / 10058
Important support 9780-9766 / 9733 / 9705 / 9682

Range for 04 June 2020 expiry
Upper range likely capped at 10058 till 04 June 2020
On the lower side 9682-9705 may likely act as support.



Take care & safe trading...!!!

2 juin 2020

Transaction en cours

Nifty 9908

One may consider selling Nifty 10000 Call option currently at 58

3 juin 2020

Note

Nifty 10093

Nifty 10000 Call option 125

We have sold 2 lots of Nifty 10200 Call option (cmp 36) for every 1 lot of Nifty 10000 Call option.

4 juin 2020

Transaction en cours

Prima facie Nifty closing looks likely to be between 10100 - 9980

Strategy update
Niffty 10000 Call option cmp 78 (sold @ 58) [Loss of 20 points]

Nifty 10200 Call option cmp 4 (sold 2 lots @ 36) [ Profit of 32+32= 64 points]

Net ( 64-20) * 75 = Rs 3300/-