indiamarketoutlook

Nifty: @ top end of the yellow box...

NSE:NIFTY   Nifty 50 Index
Nifty

Important levels are given in the chart itself

In previous post had suggested a Short Strangle strategy for Nifty 20 April expiry with Net receivables of 141 points

Current Update

Nifty 17700 Call 92
Nifty 17200 Put 27

From 141 the spread has come down to 119 giving a Net profit of 21 points per Strategy lot so far...


Take care & safe trading...!!!

Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- 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:
11:05am
Nifty Spot 17727
Consider to sell
Target 17545
sL 17765

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