Nifty looking to fly on high if confirm the pattern... View: not expecting mush falls from here, dip can be buying opportunity.
Confirmation is required on the following points. 1) Price should not break the Right shoulder high which is @39570 2) Price should show some consolidation below the right shoulder (below 39570) #PRICE IS SUPREME...
# Trade is bearish. Bullish - Above 17642 Bearish - Below 16746 Range Bound - 17642 - 16746
Play the script by selling CE options for SEPT expiry. 1 - Sell HeroMoto Sept 2700 CE option Only between @75 - 80 Target - 0.
Position building: 1) - 25% @ 24.05 2) 25% @ 23.10 3) 50% - 21.5 Stop Loss - @19.90 Target: T1 - @29.55 T2 - @31.00 T3 - @34.00