Wavozen

5912 Short possibility

Short
Wavozen Updated   
NSE:NIFTY   Nifty 50 Index
Reason for short
a) Heavy OI build up at 17000 ce
b) Any upside break towards 17000 induces to short ce at 17400 at 30 premium with SL of 30 pts or 5 pts premium ce strike long.
c)15 min channel breakout and aim hit 16993 point
Trade closed: target reached

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