Amey2121

Nifty short strategy.

Short
NSE:NIFTY   Nifty 50 Index
Nifty just broke the psychological level of 11000. After breaking that it broke another psychological level of 10800 and 10600. And its now trading in the zone of 10300-10400. But 12 march expiry nifty put of 9900 @ 48.50 is not going to break. As it's very hard for nifty to break another strong support of 10000 (as government will be involved after this) ,so as a trader i'm shorting 9900 put @ 48.50 expiry 12 march, as we will also get the time decay of tomorrow holiday (Holi).

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