traders_pit

More Up Move left in NIFTY - 10th October

Long
traders_pit Updated   
NSE:NIFTY   Nifty 50 Index
NIfty is taking support at 11200 (spot prices).
Whereas more calls are being written at 11250 strike price (as per NSE website).
So, though the market is not moving much on up side.
It looks like unless 11200 is broken decisively, it is consolidating at current levels and we will see more within next couple of trading sessions.
Tread carefully.
Trade active:
Time to partially book with current 120 points up move and update the SL. The Up move is still intact, we may see more of it today and further.

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