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indiamarketoutlook
Aug 17, 2020 8:30 AM

Nifty Trading strategy for 27th Augu 2020 Long

Nifty 50 IndexNSE

Description

Nifty

CMO 11210

Strategy explained in the chart

Exit from Strategy if Nifty daily closing is below 11060

Discliamer:
- The view expressed here is my personal view
- 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
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be


Take care & safe trading...!!!

Trade closed: target reached

Nifty 27 Aug expiry 11100 Put option update
CMP 33


Consider booking profits

Happy trading...!!!
Comments
bhamve
if i buy AUG 11500 CE , as i have low capital ,is it good idea ?
indiamarketoutlook
@bhamve, Buying options require more prudent risk management measures.

11500 Call option is currently around 42-45 range. Hypothetically the strategy implication is that Nifty should close above 11545 for the option to be profitable on 27th Aug...
So it would require a 300 point rally for u to breakeven...All I can say is Know ur risk and reward potential and act carefully.

Do read the Disclaimer properly...
Parasuram
11000 pe at 100? that will be a good catch
indiamarketoutlook
@Parasuram, 27 Aug expiry PE is at 104
Parasuram
@indiamarketoutlook, must be 11000 put .. 11100 put is at 65-70 range
indiamarketoutlook
@Parasuram, 11000 PE for 27 Aug is in the 65-70 range & 11100 PE has come down from 104 to currently around 93 odd levels
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