NIFTY
Avoid Calls Buy Puts only Nifty for 02.03.2022
CMP 16,793
Qty: 1 Lot Shares
Buy ( Nifty Put at ATM ) Avoid Calls and Future
1. 16793 if open positive can reach up to 17030 at this level Buy a put ATM (blue Line)
2. if the journey starts sluggish and range bound do nothing, ( black line) or buy put ATM
3. if the downside starts, Buy PUT ATM when its slightly stable (16175 to 16380 is a weak zone) it can be broken and the index can go up to 15,950 to 16,000/ - that is major support.
Disclaimer: the author may enter in trade, take your own decision , This is a trading idea, not a trading or investment advice
Trade closed manually
