Nifty Looks Bearish Dec 15 Expiry of index options

Dec 14, 2022

NIFTY
Nifty 15.12.2022
Weekly Expiry of index options
CMP 18,660
no strong immediate support or demand
if open GAP UP >> above 18690+ then buy ATM call option , next supply line is at 18,800/- prefer to buy put at 18,800

Dull or Flat opening at or below 18,660/- buy a ATM put option it may fall down to 18,450/- SL 18,690/-



Disclaimer: Analysis is for training and education purpose. author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice. consult your financial advisor before investing.

Dec 15, 2022

Trade closed: target reached

Worked successfully