“Riding a trend is like riding a tiger—when you can’t run anymore, it eats you. Bulls took 22300 straddle, 22400, 500, 700, even 2800. Can they hit 23000? Unlikely. I see 22800 by today or tomorrow’s close. #Nifty50 #Trading”
Note
Idea is a fancy thought as it is against the trend but use all failed auction on the up side to buy puts .this is valid only till tomorrow i.e. Friday close.
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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.