Nifty
- Nifty has given a breakout from the Blue box and is now trading in the yellow box
- 252 day EMA @ 17396
- 63 day EMA near 17540
- Line of Resistance 17620 odd levels around 20 April 2023
- 21 day EMA around 17240
- Lower level of Yellow box 17220 odd levels
- RBI Policy Announcement on 6th April 2023
- Result Calendar to begin soon
View: Rangebound for the next 2 weeks
Trading Strategy: Short Strangle for Nifty 13 April / 20 April expiry
Expected trading range for Nifty till 19th April 2023
- 17620 on the upside
- 17240 on the downside
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
- Nifty has given a breakout from the Blue box and is now trading in the yellow box
- 252 day EMA @ 17396
- 63 day EMA near 17540
- Line of Resistance 17620 odd levels around 20 April 2023
- 21 day EMA around 17240
- Lower level of Yellow box 17220 odd levels
- RBI Policy Announcement on 6th April 2023
- Result Calendar to begin soon
View: Rangebound for the next 2 weeks
Trading Strategy: Short Strangle for Nifty 13 April / 20 April expiry
Expected trading range for Nifty till 19th April 2023
- 17620 on the upside
- 17240 on the downside
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Trade active:
Short Strangle Strategy 20 April expiry
Sell 17700 Call
Sell 17200 Put
Net receivables 141 points
Till 20 April 2023, Strategy has in built loss protection for a
- fall up to 17059 &
- rise up to 17841
Follow your Risk Management measures
Take care & safe trading...!!!
Sell 17700 Call
Sell 17200 Put
Net receivables 141 points
Till 20 April 2023, Strategy has in built loss protection for a
- fall up to 17059 &
- rise up to 17841
Follow your Risk Management measures
Take care & safe trading...!!!
