NIFTY TRADE SETUP Nifty has given us very easy money today. this kind of setup we get once in month . Tommrow if market opens above 11260 and sustain we can go long with for target 11300 , 11340 , 11380. if Market opens gap down below 11777 ... we will be on shorter side. if market open flat then we can see a range bound market.
if market is range bound then i will sell option .mark swing high and low .on high sell call and on low sell put. As i told earlier Market has 3 possibility only 1. going up. 2. going down 3.Range bound
Be ready for all three possibility .
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see how our trend line and support and resistant is working. two trade done .. 11400 Ce sell and 11000 PE sell. Enjoy trading .Please like and share..Thanks
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today is going to be option writer's Day.
Trade closed: target reached
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See How our support and resistance work. Happy treading . please like and share. Thanks