Nifty 50 IndexLong
BUY NIFTY 23700 CE 26TH DEC EXP @ 155 - 150 | NIFTY LONG TRADE
Updated
NIFTY 23700 CE 26TH DEC EXP
NIFTY OPTIONS BUYING TRADE
TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS
Hi Traders,
Nifty is currently trading near a resistance level, and we anticipate further upside movement towards 23,820 and 23,860. We recommend buying the 23,700 CE (Call Option) with a 26th December expiry in the price range of 155 – 150, with an option to add more quantity at 125 –120.
The target levels are 270 and 320, with a stop-loss set at 100.
Regards,
OptionsDaddy Research Team
NIFTY OPTIONS BUYING TRADE
TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS
Hi Traders,
Nifty is currently trading near a resistance level, and we anticipate further upside movement towards 23,820 and 23,860. We recommend buying the 23,700 CE (Call Option) with a 26th December expiry in the price range of 155 – 150, with an option to add more quantity at 125 –120.
The target levels are 270 and 320, with a stop-loss set at 100.
Regards,
OptionsDaddy Research Team
Note
Current market price (CMP) 240, consider booking partial profits.Trade closed: target reached
Nifty has reached both of our targets; however, with the VIX down by 8.3%, option prices are not rising as anticipated.
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