Nifty 11 June likely expiry range & strategy
Updated
Nifty
CMP 10121
The broader range looks likely to be between 10280 - 9955
Given the view one may consider selling Nifty 10250 Call option around 40
&
sell Nifty 9950 Put option around 24
Max profit potential 75*(36+24)= Rs 4800/-
Loss in strategy if Nifty closes below 9886 or above 10314
Cautious if Nifty starts sustaining above 10203-10220 levels or starts sustaining below 9980 levels.
Strategy provides enough scope to adjust, in case Nifty trades beyond cautious level
Take care & safe trading...!!!
CMP 10121
The broader range looks likely to be between 10280 - 9955
Given the view one may consider selling Nifty 10250 Call option around 40
&
sell Nifty 9950 Put option around 24
Max profit potential 75*(36+24)= Rs 4800/-
Loss in strategy if Nifty closes below 9886 or above 10314
Cautious if Nifty starts sustaining above 10203-10220 levels or starts sustaining below 9980 levels.
Strategy provides enough scope to adjust, in case Nifty trades beyond cautious level
Take care & safe trading...!!!
Trade closed: target reached
Nifty Cmp 10088Strategy update
Nifty 9950 Put option cmp 7
Nifty 10250 Call option cmp 3
Net profit 75 * ( 64-10) = Rs 4050 /-
Consider booking profits as per your risk appetite.
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