Nifty : At Cross roads

Nifty
CMP 10789

- Nifty is trading above the breakout line but is struggling to stay afloat....

- Given the set up one may consider selling 16 July expiry Nifty 10800 Call option between 80 -100 currently trading at 86
Target 37 / 0

Keep a Stop Loss at 107.50

Komentarz:

Nifty 10800 Call Option Update

Yesterday it gave ample opportunity to sell between 80-100

CMP 45

Consider booking profits as per risk appetite.
Or consider booking partial profits and keep a revise Stop Loss at 73 for Balance position to ensure profitability in trade

Happy trading...!!!

Komentarz:

Komentarz:

Nifty 10800 Call option 1st Target of 37 achieved

Komentarz:

Nifty 10800 Call option update
CMP 25

Revise Trail Stop Loss to 45 to ensure profitability in trade

Happy trading...!!!

Komentarz:

On July 07 we had given a possible target set up for a fall up to 10550...

That target is almost done today. Nifty Spot low so far 10562.90 & Nifty Futures Low so far 10553