Nifty Chart set up, view and Strategy for 17 Dec expiry
تم تحديثه
Nifty
CMP 13533
Prima facie the chart set up reflects resistance at red line and Blue line likely to provide support
F&O data reflects unwinding of position seen yesterday in Index Futures by FIIs after a long time.
Given the set up, and Data analysis one may consider
Selling Nifty 13700 Call Option between 45-55 (CMP 46)
The strategy provides protection against loss for a rise up to 13745-13755
Today we are seeing a lot of activity in Put side too so even downside may be limited. We still feel this could be a range bound scenario
For Risk Management Exit if today's closing is above 13600.
We would reaffirm or reconsider our position on Monday after analyzing today's EOD F&O data
Hit the Like button and follow for more such ideas. For details on Data Analysis report you can message in private.
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
CMP 13533
Prima facie the chart set up reflects resistance at red line and Blue line likely to provide support
F&O data reflects unwinding of position seen yesterday in Index Futures by FIIs after a long time.
Given the set up, and Data analysis one may consider
Selling Nifty 13700 Call Option between 45-55 (CMP 46)
The strategy provides protection against loss for a rise up to 13745-13755
Today we are seeing a lot of activity in Put side too so even downside may be limited. We still feel this could be a range bound scenario
For Risk Management Exit if today's closing is above 13600.
We would reaffirm or reconsider our position on Monday after analyzing today's EOD F&O data
Hit the Like button and follow for more such ideas. For details on Data Analysis report you can message in private.
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
ملاحظة
We highlighted the fact that yesterday we saw FIIs unwind their Long position after a long time. That along with Technical chart Analysis we suggested selling call option strategy. And the results are infront of you all.
Target support at blue line done.
Hard work and doing your home work pays... Or should I say rewards.... :-)
Join me and be part of knowledge based trading
Enjoy and happy weekend..!!!
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.