Nifty 50 Secret Short

Nifty 50 IndexNSE

Description

⋅ May 8, 2020 5:37 AM

ALL Written. One small upside is due to fill up that gap but it wont get inside that channel. Downtrend to continue but after one small upside .

Comment

⋅ May 13, 2020 4:04 AM

Looks it will fill up the upside gap soon before bloodbath.

Comments

Sidharth_Kr_Jain

⋅ May 8, 2020 7:16 PM

So, you mean that it will move up to fill the gap (9590/9720) but will not be able to fill. That means 9590 max. Becoz if gap filled then more upmove possible. Monday some news may get the same level possibly. Looking to buy puts then.

Abhishek_Sreeni

⋅ May 8, 2020 6:38 AM

well so is it good to have a CALL and PUT option holding from today ? so gapup or down on monday would provide a marginal profit ?

CoolTrader7890

⋅ May 8, 2020 5:57 AM

so what will be the stoploss iof we short nifty @CMP postional

Sandip_a_

⋅ May 8, 2020 6:04 AM

@CoolTrader7890, Market is very much volatile. Still looks It can go upside till 9600 to 9700. Rest you have to Judge your trade.

CoolTrader7890

⋅ May 8, 2020 6:10 AM

@Sandip_a_, yup because market generally does opposite....