TradingView
AnbHfund
Jul 12, 2018 6:29 PM

Nifty : Long After Breakout Long

Nifty 50 IndexNSE

Description

Nifty is now in trading in Wave 3 . Go Long at every dip !!
For This Months Expiry :

Put Writers are not willing to move on upside to write. 10600 PE has max OI still after a rally of 200 points whereas call writers are just confused no clear cut upper resistance zone.
Max OI on 11000 CE - 38 Lakhs Contracts ( Which are in the money ).

Initial Target for Nifty - 11180 - 11200 By this expiry
Comments
vikasseth
What could be possible drawdown , and then 11180.
AnbHfund
@vikasseth, Buy as close as possible to 10970 with sl @ 10942 on closing basis --
AnbHfund
More