Buy when nifty gives breakout from upper side.
below 18000 we can make straddle/strangle
below 18000 we can make straddle/strangle
Note
22 JUNE EXPIRY TRADE:[ market consolidated as we expected, if breakout happens than we can expect buying/selling]
[ Nifty is more bullish than banknifty so we will trade more qty there]
Nifty:
side: if market give upside breakout then buy (PS-100% as there is resistance above)
gapup: wait for price-action [we will wait for retracement then trade on some +ve sign](PS-50%)
gapdown: on very big gapdown below 18000, wait for breakou after consolidation (PS-20%)
[on GAPDOWN WE CAN CREATE STRADDLE/STRANGLE IN LOWER ZONE]
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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.