Nifty 50 IndexShort
NIFTY Target for July Expiry! Good time to buy OTM Puts
Updated
My previous call for the month of June had it's long targets acheived. However, market seems to be taking a breather and the Risk:Reward for Shorts are much more favorable.
I personally don't think that NIFTY will cross 11k this month looking at the condition of the economy.
I personally don't think that NIFTY will cross 11k this month looking at the condition of the economy.
Trade active
Trade active
As mentioned in the chart i have Bought 2 lots each of put options at the strike prices of 10400 and 10000.My stoploss for this trade would be 11k on NIFTY, which seems a very high valuation for the market in the present conditions.
Trade active
Chance for Re Entry!Trade active
Seen a good fall today! Be ready to book profits at T1 incase it respects the trendline and doesn't break down. However looking like a good trade. Put your Stop Losses in place if you want to be safeTrade active
MULTIPLE ENTRY POINTSTrade closed: target reached
Trade closed: stop reached
Respected Trendline, bounced from T1
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