Nifty
CMP 11481
- 11420 -11440 is an important support level
- 11540 -11560 is an important resistance
Given the set up
Strategy for 27 Aug expiry
Sell 27 Aug 11400 Put option around 26-30
&
Sell 11550 Call Option around 20
Max profit if Nifty closes any where between 11400 -11550
Loss in strategy if Nifty closes below 11354 or above 11596
Take care & safe trading...!!!
CMP 11481
- 11420 -11440 is an important support level
- 11540 -11560 is an important resistance
Given the set up
Strategy for 27 Aug expiry
Sell 27 Aug 11400 Put option around 26-30
&
Sell 11550 Call Option around 20
Max profit if Nifty closes any where between 11400 -11550
Loss in strategy if Nifty closes below 11354 or above 11596
Take care & safe trading...!!!
Note
Nifty closes @ 11559. That is in the 11540-11560 zone
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.