NIFTY CASH CLOSED AT 10092
YESTERDAY ADVISED THAT : If it will succeed to stay above 9932 than it will become strong again to touch 9998 10198 and 10244.
And it went to till 10111
NOW
9972 to 9898 is very strong support range for now, but if it will break that on closing basis than again 9688 will be seen in week.
10198 is still the very strong resistance which I am advising since almost a month now, so if it close above that than 10272 will be seen, which is also a SL for short positions for now, and 9688 is Sl for all long positions for now.
We will not trade in NIFTY till it come back to 9599 9334, or cross with closing above 10198 for 2 days in line. BUT WE WILL KEEP ON PLAYING ONLY IN STOCKS AND OPTIONS TILL THAN
OPTIONS STRATEGY
Advised to BUY 8000 30 JULY PUT AT 28 AND 10600 CALL AT 28
Advised to BOOK profit in PUT at 53 to 60
Advised to hold CALL, and current rate is 24 26
So from now keep this CALL to sq off at 53 and to buy back PUT between 13 to 17 as per markets
If CALL is sq off FIRST than close all the position and do not buy PUT, otherwise trade as advised above.
We are and we will be in profit from both side if NIFTY FALL OR RISE as we have earned out cost already with PUT
I WILL UPDATE MORE TIPS AND TARGETS DURING MARKET HOURS LIVE
GOOD LUCK
SOURCE : WWW.INDIARIGHTNOW.COM
YESTERDAY ADVISED THAT : If it will succeed to stay above 9932 than it will become strong again to touch 9998 10198 and 10244.
And it went to till 10111
NOW
9972 to 9898 is very strong support range for now, but if it will break that on closing basis than again 9688 will be seen in week.
10198 is still the very strong resistance which I am advising since almost a month now, so if it close above that than 10272 will be seen, which is also a SL for short positions for now, and 9688 is Sl for all long positions for now.
We will not trade in NIFTY till it come back to 9599 9334, or cross with closing above 10198 for 2 days in line. BUT WE WILL KEEP ON PLAYING ONLY IN STOCKS AND OPTIONS TILL THAN
OPTIONS STRATEGY
Advised to BUY 8000 30 JULY PUT AT 28 AND 10600 CALL AT 28
Advised to BOOK profit in PUT at 53 to 60
Advised to hold CALL, and current rate is 24 26
So from now keep this CALL to sq off at 53 and to buy back PUT between 13 to 17 as per markets
If CALL is sq off FIRST than close all the position and do not buy PUT, otherwise trade as advised above.
We are and we will be in profit from both side if NIFTY FALL OR RISE as we have earned out cost already with PUT
I WILL UPDATE MORE TIPS AND TARGETS DURING MARKET HOURS LIVE
GOOD LUCK
SOURCE : WWW.INDIARIGHTNOW.COM
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