NIFTY 50 ANALYSIS
Updated
Nifty looking bullish as it has taken nice rejection from 50 EMA. Therefore if it gives a gap up opening and 15M green candle closes above 15250 then go long on it else if a red candle closes below 15137 then take a short position.
long target - 15350
short target - 15000
keep volume under consideration, i.e. if volume is high with breakout then buy option and if volume is low with breakout then try shorting the options respectively.
BEST OF LUCK!
long target - 15350
short target - 15000
keep volume under consideration, i.e. if volume is high with breakout then buy option and if volume is low with breakout then try shorting the options respectively.
BEST OF LUCK!
Trade closed manually
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