12027 Probable Sep Month expiry 25705 to 25956
Reason for Sep expiry between 25705 to 25956
a) Aug pattern and Sep pattern may repeat, if Monday closing above 25478
b) Bull call spread of OTM 25700 ce buy and 25800 ce Sell is good option on Monday closing
c) Last month of last 9 days are trending and similarly in Sep also, the probability of last 9 days trending cannot be ruled out
d) Approx move for next 9 days would be around 1.9%
For OTM Sep Month Bull call spread, the SL is in build.
a) Aug pattern and Sep pattern may repeat, if Monday closing above 25478
b) Bull call spread of OTM 25700 ce buy and 25800 ce Sell is good option on Monday closing
c) Last month of last 9 days are trending and similarly in Sep also, the probability of last 9 days trending cannot be ruled out
d) Approx move for next 9 days would be around 1.9%
For OTM Sep Month Bull call spread, the SL is in build.
Trade closed: target reached
T1
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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.