I anticipate a short-covering rally in the Nifty50 spot, expecting a recovery as long as the spot doesn't dip below 22323.60. I've taken a long position below 22442.20, with a strict stop loss set at 22323.60.
Trade active:
Bought 22300 Call Option (2nd May 2024 Expiry) @ 242.20
Comment:
Holding till expiry (2nd May 2024) Stoploss & Target Premium.
Trade closed: target reached:
Booked Profit from 22300 call option @ 381.00