Nifty and banknifty both are clearly looking weak. As of now don't look to buy any call option. Atleast for today.
1. If nifty opens flat and breaks 17230 , go for a target of 16920 and hold it positionally for two or three days. Sl 17270.
2. If nifty opens gap up , then either take put near 17450-480 with sl of 17540 for a target of 16920. If it doesn't reach that price then wait for price to break 17230 for same target.
Don't look for call option today. Do hit like and follow .
1. If nifty opens flat and breaks 17230 , go for a target of 16920 and hold it positionally for two or three days. Sl 17270.
2. If nifty opens gap up , then either take put near 17450-480 with sl of 17540 for a target of 16920. If it doesn't reach that price then wait for price to break 17230 for same target.
Don't look for call option today. Do hit like and follow .
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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.