indiamarketoutlook

Nifty: Follow up on 1st week outlook view

NSE:NIFTY   Nifty 50 Index
Nifty
CMP 14102

We had given a view on 1st Jan. This is in continuation of that view...

Nifty 13800 Put short Update

Suggested sell between 60-80

CMP 16

The position is active and is in profit.

Looking at the Options trade Data for January 01, 2021,
- Retail participants are looking more optimistic and
- FIIs and Proprietary traders are going preservative
(message in private to know more)

One may Consider adding a sell Call position
Strike Price : 14200 Call Option
CMP 46

The strategy is best suited for a range bound movement.


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

Trade closed: target reached:
Nifty 07 Jan expiry Short strangle trade update

Nifty 13800 Put option CMP 3.15
Nifty 14200 Call option CMP 32

The strategy is is profit of Rs 5613/- per strategy lot


Happy trading...!!! 😊

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.