Nifty 50 IndexShort
Nifty at 76.4% retracement
Nifty
Before the result calendar starts Nifty has had a one way rally and is now trading near 76.4% retracement levels of the entire fall from 18604 odd levels to 16410 levels.
Given the set up, one may consider selling 18300 Call Option in the range of 130-166
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
Before the result calendar starts Nifty has had a one way rally and is now trading near 76.4% retracement levels of the entire fall from 18604 odd levels to 16410 levels.
Given the set up, one may consider selling 18300 Call Option in the range of 130-166
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.