NIFTY Target for July Expiry! Good time to buy OTM Puts
My previous call for the month of June had it's long targets acheived. However, market seems to be taking a breather and the Risk:Reward for Shorts are much more favorable.
I personally don't think that NIFTY will cross 11k this month looking at the condition of the economy.
I personally don't think that NIFTY will cross 11k this month looking at the condition of the economy.
Transaction en cours
Transaction en cours
As mentioned in the chart i have Bought 2 lots each of put options at the strike prices of 10400 and 10000.My stoploss for this trade would be 11k on NIFTY, which seems a very high valuation for the market in the present conditions.
Transaction en cours
Chance for Re Entry!Transaction en cours
Seen a good fall today! Be ready to book profits at T1 incase it respects the trendline and doesn't break down. However looking like a good trade. Put your Stop Losses in place if you want to be safeTransaction en cours
MULTIPLE ENTRY POINTSTrade fermée: cible de profit atteinte
Trade fermée: ordre d’arrêt atteint
Respected Trendline, bounced from T1
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.