thechama3

SELL NIFTY ON RISE for 3rd MAY

Short
thechama3 Updated   
NSE:NIFTY   Nifty 50 Index
One may want to sell nifty on rise for 3rd may with SL of 11791 and targets of 11700/11678. All levels are cash levels. One might want to sell 11700/11800 CE for 9th MAY expiry depending upon risk profile and eat the option premium OR one might want to buy 11750 PE/11700 PE and trade accordingly. One should adhere to the stop loss and trade volumes as per entry price.
Trade closed: target reached:
Target T1 achieved. Makes a low below 11700. Closing positions
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.