Nifty 50 IndexShort
FII_DII_Stats_Indices
FII'S have covered shorts (-5963)and added long(+3092, a bit relieved but there's not any upside as there's call short.
call Long-8617
Call short-21382
put Long-4062
put Short-14086
If NIFTY manages to cross 15820 and sustains above it, the shorts will be covered and we will try again towards new high and for this to happen Reliance and Banknifty should participate.But I don't see any upside tomorrow. It should be short on rise on both the indices with strict stop loss as we did today, it was pretty obvious that the market would correct from the highs. Also, market is trading mostly in trapping zone so cautious trade or no trade should be the case depending upon the risk appetite.Lets find out tomorrow, happy learning.
call Long-8617
Call short-21382
put Long-4062
put Short-14086
If NIFTY manages to cross 15820 and sustains above it, the shorts will be covered and we will try again towards new high and for this to happen Reliance and Banknifty should participate.But I don't see any upside tomorrow. It should be short on rise on both the indices with strict stop loss as we did today, it was pretty obvious that the market would correct from the highs. Also, market is trading mostly in trapping zone so cautious trade or no trade should be the case depending upon the risk appetite.Lets find out tomorrow, happy learning.
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