Expiry Trade plan
17250 to 17050 is ideal range of 200 points for tomorrow
Depending on opening positions can be created:
Ideal expiry hero - zero trades can be taken at
Nifty PE around if spot price is around 17250 in second half (11.30 -1.30)
Nifty CE around if spot price is around 17050 in second half (11.30 - 1.30)
Opening Trades will be volatile if...
Expiry position creation idea
Opening trade Ideas:
Flat opening:
If opens flat watch out for trendline support if breaks can take PE position and take profit is around 17350
Gap up opening:
If opens gap up most likely there will be profit booking candle and retest of todays high. A quick PE scalp can be done
If opens gap down:
Take hero zero trade with ce...
Nifty is ready to make a trending move after long period of consolidation between 15k to 14k
Buy on aggressive dips is suggested
14600 to 14800 will strong support zone if this weekly close is above 14950
Nifty is in consolidation with range of 1000 points,
So favourable trades are to buy ce's at lower range limit and buy pe's at upper range limit for april
