Nifty Analysis for 07.06.22
Range bound action with some volatility as seen in the last 30 mins. Please keep a watch on Reliance before you make a trade on Nifty
There is some weird activity at 16950 CE where people have exited
Bias Neutral
Conviction Neutral to bullish
Long Above 16650 (with smaller SL long can be taken above 16614)
Short below 16438
Option Buy
16700 CE for long
16400 PE for short
Option Sell
16800 CE and 16200 PE strangle
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There is some weird activity at 16950 CE where people have exited
Bias Neutral
Conviction Neutral to bullish
Long Above 16650 (with smaller SL long can be taken above 16614)
Short below 16438
Option Buy
16700 CE for long
16400 PE for short
Option Sell
16800 CE and 16200 PE strangle
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.