All roads lead to Rome

Jul 15

Every timeframe in Nifty is for the time being pointing North. But this time with a lot more caution. 24500, 24550 and even 24600 PUTs were added aggressively today. This is the area where we should exercise caution. A covering from the 24600 writers could turn the heat on the writers at the lower strikes.
Trade plan would be to wait for a deep retracement to buy calls and ride back till ATH.