NIFTY EXPIRY BET | SHORT AROUND 16350-16360 Short

Nifty 50 IndexNSE

Description

⋅ Aug 12, 2021 7:23 AM

Would like to go short at current levels in Nifty, PE looks more rewarding.

To motivate me, Please like the idea If you agree with the analysis.

Happy Trading!
InvestPro India Team

Comment

⋅ Aug 12, 2021 9:35 AM

15338 Done.

Comments

rayandgl

⋅ Aug 12, 2021 11:50 AM

Lost 5k after buying 16350 PE.So sad

InvestPro_India

⋅ Aug 12, 2021 12:51 PM

@rayandgl, Already mentioned 16340 is minor support and it traded in that 30 points range for almost 2 hours.

harshbhadoriya80

⋅ Aug 12, 2021 7:29 AM

kya kare call put

InvestPro_India

⋅ Aug 12, 2021 7:48 AM

@harshbhadoriya80, When we say short, it means Put. As today is the weekly expiry, manage your risk.

harshbhadoriya80

⋅ Aug 12, 2021 8:23 AM

@InvestPro_India, ok

Bankuniftu

⋅ Aug 12, 2021 7:26 AM

Perfect

InvestPro_India

⋅ Aug 12, 2021 7:48 AM

@Bankuniftu, thanks... gaining around 15 points in Fut, let's see how it goes.

atirumalikaanil

⋅ Aug 12, 2021 7:40 AM

What is maximum it will touch down if going for put?

InvestPro_India

⋅ Aug 12, 2021 7:47 AM

@atirumalikaanil, 16340 is minor support, if breaks then 16310-16300 may be seen.