Nifty : Initiated Long Position.
As per our previous analysis long position is initiated
As said SL is below yesterday's low ie 19435, that is 125 points loss 50 x 125. But if sl is triggered then to wait for 1hr before closing position.
Target is 20000, + - 150 points that is 50 x 400 R R R is 1: 3.5
So trade according your risk capacity.
If one can't take risk it is advisible to buy option , and if can't take premium risk too then FnO is not for you.
As said SL is below yesterday's low ie 19435, that is 125 points loss 50 x 125. But if sl is triggered then to wait for 1hr before closing position.
Target is 20000, + - 150 points that is 50 x 400 R R R is 1: 3.5
So trade according your risk capacity.
If one can't take risk it is advisible to buy option , and if can't take premium risk too then FnO is not for you.
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