It was expected that the Nifty would end this week with crazy movement because of the global clues and the market data, But a gap up, opening and consolidating. It actually respects the 200 to 250 range well. But what's more interesting is that tomorrow we might see some moves. Look at the D candle doji, or hanging man. The important level to watch out for next week is the upper side of 18350, which is B.K. We can expect Nifty to test its all-time high again, down side 18130.
As for my option selling, I started selling 18350CE and 18050PE. Nifty went in to consolidation i adjust my position to 18300CE and 18100PE easy week ending with profit. Let's see where the next expiry is.
As for my option selling, I started selling 18350CE and 18050PE. Nifty went in to consolidation i adjust my position to 18300CE and 18100PE easy week ending with profit. Let's see where the next expiry is.
