- Nifty is trading above the breakout line but is struggling to stay afloat....
- Given the set up one may consider selling 16 July expiry Nifty 10800 Call option between 80 -100 currently trading at 86 Target 37 / 0
Keep a Stop Loss at 107.50
Note
Nifty 10800 Call Option Update
Yesterday it gave ample opportunity to sell between 80-100
CMP 45
Consider booking profits as per risk appetite. Or consider booking partial profits and keep a revise Stop Loss at 73 for Balance position to ensure profitability in trade
Happy trading...!!!
Note
Note
Nifty 10800 Call option 1st Target of 37 achieved
Note
Nifty 10800 Call option update CMP 25
Revise Trail Stop Loss to 45 to ensure profitability in trade
Happy trading...!!!
Note
On July 07 we had given a possible target set up for a fall up to 10550...
That target is almost done today. Nifty Spot low so far 10562.90 & Nifty Futures Low so far 10553
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