NIFTY Target for July Expiry! Good time to buy OTM Puts

تم تحديثه
My previous call for the month of June had it's long targets acheived. However, market seems to be taking a breather and the Risk:Reward for Shorts are much more favorable.
I personally don't think that NIFTY will cross 11k this month looking at the condition of the economy.
تم فتح الصفقة
تم فتح الصفقة
As mentioned in the chart i have Bought 2 lots each of put options at the strike prices of 10400 and 10000.
My stoploss for this trade would be 11k on NIFTY, which seems a very high valuation for the market in the present conditions.
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Chance for Re Entry!
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Seen a good fall today! Be ready to book profits at T1 incase it respects the trendline and doesn't break down. However looking like a good trade. Put your Stop Losses in place if you want to be safe
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MULTIPLE ENTRY POINTS
أغلقت الصفقة: تم الوصول للهدف
أغلقت الصفقة: تم الوصول لوقف الخسارة
Respected Trendline, bounced from T1
Beyond Technical AnalysisTechnical IndicatorsTrend Analysis

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