TradingView
indiamarketoutlook
Jun 30, 2020 3:54 AM

Nifty chart set up for today & strategy for 02 July 2020 expiry 

Nifty 50 IndexNSE

Description

Nifty
CMP 10385

Nifty has opened at important levels for the day

Consider selling 02 July 2020 expiry

10500 Call option around 45

CMP 43

Loss in strategy if Nifty closes above 10545 on 02 July 2020

Take care & safe trading...!!!



Comment

Comment



As charts suggested yesterday itself, Nifty has taken support at the blue line & looks likely to have given a break out on the upside. We might see a push towards 10420 once again...

Comment

Nifty 10500 Call option update CMP 19

Recommended selling at 45

Current profitability

75*(45-18) = Rs 2025/- per lot

Consider booking profits as per risk appetite or book partial profit and keep Stop loss at cost for balance to ensure profitability in the trade

Happy trading...!!!

Comment



Nifty intraday target of 10420 done
Comments
bhamve
just great analysis, thanks for posting
indiamarketoutlook
@bhamve, Thanks for the appreciation
KonHe
again and again only profit.
Thank you sir
indiamarketoutlook
@KonHe, Always Welcome sir... :-)
RajSolanki97bcbe9a304543d4
Super se upper.... Boss...! 👍
indiamarketoutlook
@RajSolanki97bcbe9a304543d4,

Welcome. Trust the analysis was useful for ur trading decisions...

Happy trading...!!!
More