NIFTY continues to trade within a range with the swing highs near 10950 range. current pullback is a low risk short opportunity to to check for a pullback to the lower range levels.
ere is a low risk short side options trade idea in NIFTY. For those have a bearish/flat view and want to gain time benefit as well. SELL NIFTY 1800CE JULY + BUY NIFTY 10800 CE AUG= 2:1 net credit is 1800 INR , upper break even 10930, max profit : 11950 INR per pair
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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.