Nifty: Chart set up & strategy for 30 July expiry
Nifty
CMP 10434
- Resistance at 10551
Given the view Consider selling Nifty 30 July expiry 10700 Call option between 215-260 (CMP 218)
Max profit potential Rs 16125/- to 19500/- per lot.
Yield potential 10% - 12%
In built loss protection for a rise up to 10915 - 10960 till 30 July expiry
Take care & safe trading...!!!
Discliamer:
- The view expressed here is my personal view
- 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
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
CMP 10434
- Resistance at 10551
Given the view Consider selling Nifty 30 July expiry 10700 Call option between 215-260 (CMP 218)
Max profit potential Rs 16125/- to 19500/- per lot.
Yield potential 10% - 12%
In built loss protection for a rise up to 10915 - 10960 till 30 July expiry
Take care & safe trading...!!!
Discliamer:
- The view expressed here is my personal view
- 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
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Trade active:
Nifty is near resistance of 10551
Trade is active
Nifty 10700 Call option CMP 251
Nifty is near resistance of 10551
Trade is active
Nifty 10700 Call option CMP 251
No one can time the market but when time comes you can surely make the most of it....
10551 a number which I have highlighted in my earlier posts as well dated 15th June, as well as yesterday when Nifty was at 10434. it was mentioned resistance is at 10551...
Today when that level came, we just executed our plan. No second thoughts on it...And guess what Nifty reverses exactly from the said levels. It made a high of 10553.
WOW...!!!
Hope u guys r enjoying...!!!
Take care & happy trading :-)