Long Nifty from current levels :: BTST Trade

Apr 24, 2023

Nifty has taken support in lower ra Nge on friday and today after opening in gap up profit booking seen. But as of now it has not broken out down support range so chances are high we can see a pull back from here which can take nifty towards 17800+ levels. Right now it trading at 17624 so if anyone can ready to take little risk of 100 points from here then this could be best trade to ride for upside. If anyone wants to go long can go with given levels on chart but trade carefully and use proper given stop loss.

For option lover i have a trade:-

it is bulls spread trade because i am expecting a sharp move till expiry, I will recommend everyone to hold this trade till expiry or when you get stop loss
So,
Buy 27Apr 17600 Ce at 96
and sale17800 Ce at 17

Stop loss for this trade 17600 strike if it reached 40 sale it.

Trade Carefully

If anyone likes my work then please do not hesitate to like, follow and comment.
Thankyou:))

Apr 24, 2023

Note

Daarling what i have told....read it again if you don't believe .. option giving huge profits that 96 option has been reached at 156 now, i will suggest book or if you are holding, hold with strict stop loss
For index first target has been done