Nifty - Cup and Handle - Pattern
Nifty break 9500 - with Good Volume. Then the Bullish view can be created
In 1 hr chart the H&S pattern is formed at it's already breaked 9100 .
The Open Interest is higher in 9000 Strike price and 10000 Strike price for the month-end , which means the nifty will trade around consolidated phase between 9100 to 9500.
Hence, my strategy to place trade in Nifty as below:
Selling Option
Sell - 8700 PE and 8500 PE
and
Sell - 10100 CE and 10200 CE
Disclaimer: Kindly do your own analysis before executing the trade
In 1 hr chart the H&S pattern is formed at it's already breaked 9100 .
The Open Interest is higher in 9000 Strike price and 10000 Strike price for the month-end , which means the nifty will trade around consolidated phase between 9100 to 9500.
Hence, my strategy to place trade in Nifty as below:
Selling Option
Sell - 8700 PE and 8500 PE
and
Sell - 10100 CE and 10200 CE
Disclaimer: Kindly do your own analysis before executing the trade
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.