Nifty Trade Setup for 18.08.2022 with intraday levels
Keep an eye on SGX nifty as global markets are reacting to the worse than expected inflation data from UK. Nifty is likely to open around SGX nifty levels
Fresh long position will come only above 17945. It is likely that in an even of a gap down buying will come at some point
Conviction bullish
Bias bearish
Trading Ideas
Long above 17945 Target 18000+
Short below 17830 Target 17800-700
>>Option buying (take next expiry options)
Long Position: Buy 18000 CE
Short position: Buy 17700 PE
>>Option Selling
Sell 17700 PE AND 18200 CE with SL of 15 points
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Fresh long position will come only above 17945. It is likely that in an even of a gap down buying will come at some point
Conviction bullish
Bias bearish
Trading Ideas
Long above 17945 Target 18000+
Short below 17830 Target 17800-700
>>Option buying (take next expiry options)
Long Position: Buy 18000 CE
Short position: Buy 17700 PE
>>Option Selling
Sell 17700 PE AND 18200 CE with SL of 15 points
-------------------------------------------
Standard Disclaimer
Trading stocks, options and other securities involves risk.
The risk of loss in trading securities can be substantial.
The risk involved with trading stocks, options and other securities are not suitable for all investors.
The information presented in this educational material is not intended to be
used as the sole basis of any investment decisions, nor should it be construed
as advice designed to meet the investment needs of any particular investor.
Nothing in this course constitutes legal, accounting or tax advice, or
individually tailored investment advice.
WE ARE NOT RESPONSIBLE FOR ANY GAINS OR LOSSES YOU MAKE.
WE ARE NOT SEBI REGISTERED.
*SEBI Mandatory Guidelines*
*Channel Disclaimer/ disclosure*
No tips
No advice
No recommendation
No PMS advisory
This channel do not provide any tips/recommendations/advice
All updates/posts/discussions are only for education and learning purpose.
Do Consult your financial advisor before taking trading or investing decisions
Group Admin or Members not responsible for any financial losses
Disclaimer/disclosure/terms and conditions applicable to all members of this channel
All rights are reserved
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