Nifty what’s our view

Nifty 50 IndexNSE

Description

⋅ Jan 13, 2023 12:56 AM

Nifty 17858 - Nifty move in second half was due to short covering.Resistance around 17940 to 17902.will consider around 17905.

Trade closed: target reached

⋅ Jan 13, 2023 4:11 AM

Trade entered - Nifty 18000 PE @ 230 at 17856 at 15:20 on 12/1/2023- Trade closed at 255 At 9:30 on 13/1/2023.. good start..

Trade active

⋅ Jan 13, 2023 4:32 AM

Trade entered - Nifty 17700 CE@ 274 at 17783 at 10:00 on 12/1/2023

Trade closed: target reached

⋅ Jan 13, 2023 5:20 AM

Target 1 achieved
Nifty 17700 CE@ 274 at 17783 at 10:00 on 12/1/2023
- Trade closed @ 297 at 10:50 on 12/1/2023

Comment

⋅ Jan 13, 2023 6:11 AM

Trade enterd 17900PE @ 183 at 11:41

Trade closed: stop reached

⋅ Jan 14, 2023 2:31 AM

Trade entered 17900PE @ 183 at 11:41- Trade closed at 143 at 12:20

Trade closed: target reached

⋅ Jan 14, 2023 2:33 AM

Target 2 : Trade entered - Nifty 17700 CE@ 274 at 17783 at 10:00 on 12/1/2023 - Trade Closed at 348 @ 12:23

Trend Analysis

Comments

Subuji_2000

⋅ Jan 13, 2023 11:22 AM

Hi.. Asking one question honestly.. May I follow your trade ideas maintaining my own risk capacity? How do I know the SL & target in that case? Can you please mention those as per your thoughts in your posts, as educational ideas? Pl consider.. Regards

subravi

⋅ Jan 14, 2023 2:27 AM

@Subuji_2000, We maintain a Risk:Reward ratio of 2:1.
We book profit or loss as per this RR ratio.
If You could follow this RR ratio, You shall follow our trade ideas.
Stop loss and Targets are not applicable for Option trading as time decay is a hidden factor in option pricing.

Subuji_2000

⋅ Jan 14, 2023 12:24 PM

@subravi, wow..that's great! Thanks a lot for explaining. a Risk:Reward ratio of 2:1 means we have to be successful in approx 70% trade to be in green.