Nifty: Trading Plan for the last day of the week.

On the upside, there is a supply zone @ 9300-9420 and a major supply zone @ 9490-9580.
On the downside short turm major demand zone @ 9870-9000.
Still, I prefer to trade in the option selling instead of trade in FUT between 9000-9580 zone.
I am seeing a limited upside so today sold 9600 call @ 49 for 14th May exp. (Update this trade-in yesterday nifty post).


I will update my nifty trade in this post. So who will follow this post will get the notification.

Find the private link below for my today's intraday in M&M and Escort and Reliance as BTST. (Shared as a private post)

Trade active:

CARRYING SHORT POSITION IN 9600 CALL @ 49

Comment:

As I have mentioned in my yesterday post...My view is still same for the next week that I am no expecting Nifty Friday close above 9300-9400 zone and Next week Nifty may test 8850 - 8500 level...

Comment:

still, we are in the good position in short in 9600 call...yesterday sold @ 49 now after a gap up also it is trading @ 42....so going good

Comment:

Yesterday BTST Reliance now above 1560 (Post Shared Yesterday)

Trade active:

I WILL CARRY SHORT POSITION IN 9600 CALL. CMP @ 35