Nifty 50 IndexUpdated NIFTY: A correction is in order
AVOID long unless closing above 9709 (unlikely), indicators are set for short.
A break of trendline followed by negative MACD crossover could lead to a correction.
Was thinking of going for a 9800 CE SELL and 9200 CE BUY? any opinion? P.S: I'm very new to options.
A break of trendline followed by negative MACD crossover could lead to a correction.
Was thinking of going for a 9800 CE SELL and 9200 CE BUY? any opinion? P.S: I'm very new to options.
Note
Broke 9550.9800 CE sell would have generated almost 100% profit. Down from 3.3 to 1.5 can hold till expiry to enjoy full profit.
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