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thechama3
May 2, 2019 12:21 PM

SELL NIFTY ON RISE for 3rd MAY Short

Nifty 50 IndexNSE

Description

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
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