Mohit_Kakkar08

Short Nifty Expiry Day - 27-Jan-2022

Short
Mohit_Kakkar08 Updated   
NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
Short Nifty Expiry Day - 27-Jan-2022

17000 PE writers might be trapped at opening and would look to cover.
Look for reversal oppurtunities around 16850-16860 around previous day low
If Previous day Low not sustained, pyramid on the shorts
Trade active:
16,862 current day low around 12.20 PM IST
Reversal possible from here
Trade active:
Superb 100 Points reversal..
16,962 around 1.05 PM
Now just trail the Longs for another 100 points recovery
Trade closed: target reached:
Another upside 100 points achieved at 1.50 PM = 17,062
Trade closed

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.