Nifty is looking very weak. I have been saying it from many days that stay away from taking call options. And it is still intact. For 25 Nov if nifty comes near 17500-17530 zones then take positional short with sl of 17560 for a target of 17000. Try taking mid month expiry of December. Although chances seems to be less that price will reach near 17500. Always keep sl, that is must. If u give 25 points ,then that's for sure that u will take 300-400 points easily. Don't ride ur losses. Never
Avoid taking put options if nifty opens good gapdown. Risk to reward is not good there.
Avoid taking put options if nifty opens good gapdown. Risk to reward is not good there.
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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.