Expiry trade idea for nifty - 16th Dec
Expiry Trade plan
17250 to 17050 is ideal range of 200 points for tomorrow
Depending on opening positions can be created:
Ideal expiry hero - zero trades can be taken at
Nifty PE around if spot price is around 17250 in second half (11.30 -1.30)
Nifty CE around if spot price is around 17050 in second half (11.30 - 1.30)
Opening Trades will be volatile if there is gap up price within 17300 then Options PE can be taken for the target 17150
Look for raising wedge / trendline breakdown for pe entries
17250 to 17050 is ideal range of 200 points for tomorrow
Depending on opening positions can be created:
Ideal expiry hero - zero trades can be taken at
Nifty PE around if spot price is around 17250 in second half (11.30 -1.30)
Nifty CE around if spot price is around 17050 in second half (11.30 - 1.30)
Opening Trades will be volatile if there is gap up price within 17300 then Options PE can be taken for the target 17150
Look for raising wedge / trendline breakdown for pe entries
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