NSE:NIFTY Daily Closing looks weak, Monthly Expiry on the card with Rising NSE:INDIAVIX , we can expect some downside move before Thursday.

Trade with caution (!) specially Option Sellers.

Entry - Hourly Closing Below - 17820
Stop Loss - Hourly Closing above 17935 or 50% Option Premium.

Target - 17620

For information purpose only. Know your risk & Consult your financial advisor before taking a trade.
Comment: Opened with huge Gap up, Made intraday low of 17806. But Hourly candle did not closed below. Entry not triggered yet.
Trade closed: target reached: Entry triggered at 10:15 & Reached our target at 12:15.
And that was nearly the bottom as well :)
I hope you have benefited from this.


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