A huge volatility contraction is witnessed at the Nifty February contract. As shown in the chart image on breaking 17734.30 levels buying put options will be profitable.
Note
Currently waiting for the 17734.30 level to break.Trade closed manually
Book profit at 17674.65
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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.
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.