Hello,
As I mentioned in my weekly Nifty post that if Nifty will sustain below 12290 then I may take short position.
Today with volume NF broke 12300 level and closed below that. Now Very strong Demand Zone @ 12000-12050.
Now in any case If Nifty will come to 12270-12300 then i may take a short position.
If NF will sustain below 12225 then I may take a short position.
As I mentioned in my weekly Nifty post that if Nifty will sustain below 12290 then I may take short position.
Today with volume NF broke 12300 level and closed below that. Now Very strong Demand Zone @ 12000-12050.
Now in any case If Nifty will come to 12270-12300 then i may take a short position.
If NF will sustain below 12225 then I may take a short position.
Trade ativo:
Sold 12300 Call @ 23
Comentário:
Not planning to short 12200 call because 12150 is a gud support and may seen a bounce but once it will sustain below 12150 then I may switch my position to 12200 call. I will sell NF on every strong bounce.
Comentário:
12300 call is in profit and will carry for tomorrow.
Comentário:
This is a bull trap and market will try to prove that 12150 is a strong support...but reality is different. I will add more short position if NF will bounce and will cone to it's supply zone. That's it for today. Will publish tomorrow outlook after market.
Thank x
Thank x
It will fill the gap near 12050 in coming days.
If fall will very sharp the recover will be sharp also.
NF may make a new bottom above 11965. Most likely in the 12000-50 zone.
This view is valied if 11965 level will not break.