indiamarketoutlook

Nifty at 76.4% retracement

Short
NSE:NIFTY   Indice NIFTY 50
Nifty

Before the result calendar starts Nifty has had a one way rally and is now trading near 76.4% retracement levels of the entire fall from 18604 odd levels to 16410 levels.


Given the set up, one may consider selling 18300 Call Option in the range of 130-166


Take care & safe trading...!!!


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