JKoptions

Nifty moving up in a range

Long
NSE:NIFTY   Nifty 50 Index
Trend is still up as per previous post. Trail stop loss to 15660 for very short term and below 15600 its advisable to take out most of the long positions. Risk of a short term fall is slowly increasing so alertness is required. 15900 - 16000 will be a good resistance for current expiry.

Trade as per the risk appetite, Spreads are much better to trade as risk is defined
Disclaimer - This post is for educational purpose only. Please consult your financial advisor before taking any position.

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