A few days back, we had mentioned that Nifty may fall towards 18820 odd levels
When 18820 odd levels came, despite gloomy world markets and our markets also going through a sell off, it was suggested that Longs could be initiated.
Results are in front of you.
Going forward: Buy on dips can be considered.
Till the time Nifty stays above 19030 - 18960 odd levels, Nifty has higher probability to move towards 19440 / 19680 / 19905 odd levels
SL can be kept initially at 18960 on closing basis. If Market keeps moving upwards Keep trailing SL higher
Take care & safe trading..!!!
If you find the analysis helpful, Do Like and Follow
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
When 18820 odd levels came, despite gloomy world markets and our markets also going through a sell off, it was suggested that Longs could be initiated.
Results are in front of you.
Going forward: Buy on dips can be considered.
Till the time Nifty stays above 19030 - 18960 odd levels, Nifty has higher probability to move towards 19440 / 19680 / 19905 odd levels
SL can be kept initially at 18960 on closing basis. If Market keeps moving upwards Keep trailing SL higher
Take care & safe trading..!!!
If you find the analysis helpful, Do Like and Follow
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Comment:
Nifty 18900 Put option update
Selling was suggested when price was around 145
Cmp 65
That is 80 point profit.
Consider to book profits as per risk appetite and enjoy your weekend
Selling was suggested when price was around 145
Cmp 65
That is 80 point profit.
Consider to book profits as per risk appetite and enjoy your weekend
Comment:
Nifty achieves all targets 🎯 on the upside
Selling 30 Nov expiry 18900 Put option currently around 145.
Exit if Nifty closing below 18960
Risk cover for a fall up to 18755 till Nov 30 giving ample scope to exit / adjust in case view gets invalidated
Take care and safe trading...