Swapilchoksi

Avoid Positional Short Trade in NIFTY

Long
NSE:NIFTY   Nifty 50 Index
I will avoid positional short trade in Nifty because Nifty is strongly respecting demand zone @ 10480-10600 and not ready to give daily below 10600.
According to the data 10500 and 10600 is a very strong support.
Next supply zone @ 10925-11070 and this will be my next target in coming days.

Thank x :)
Trade Well
Comment: Sold 10600 Put @ 45

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.