srikartiram

NIFTY | Expecting the gap to be sealed @ 11076 (Risky trade)

Short
srikartiram Updated   
NSE:NIFTY   Nifty 50 Index
NIFTY | Expecting the gap to be sealed @ 11076, NASDAQ was gap up too 2 days ago + RSI bearish divergence in 30 min's time frame.

CMP : 11228

Falling which hopefully can get some dips in good stocks.

Instead of buying PUT can consider selling 11300 CE in Oct 8th expiry.
Trade closed: stop reached:
Completely collapsed :D

Sold additional PUT's and minimized the loss lol

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.