Anantrader

Nifty Short at 9000 8/04/2020

Short
NSE:NIFTY   Nifty 50 Index
Nifty is approaching its resistance level of 12 march 2020. It is unlikely to break this resistance with current movement.
Max pain in option chain has been seen around 8600. Expecting nifty to retrace to 8600-8700 level for 9th April expiry.
Trade active: Max pain shifted to 8700
Trade closed: target reached