BUY NIFTY 23700 CE 26TH DEC EXP @ 155 - 150 | NIFTY LONG TRADE
NIFTY 23700 CE 26TH DEC EXP
NIFTY OPTIONS BUYING TRADE
TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS
Hi Traders,
Nifty is currently trading near a resistance level, and we anticipate further upside movement towards 23,820 and 23,860. We recommend buying the 23,700 CE (Call Option) with a 26th December expiry in the price range of 155 – 150, with an option to add more quantity at 125 –120.
The target levels are 270 and 320, with a stop-loss set at 100.
Regards,
OptionsDaddy Research Team
NIFTY OPTIONS BUYING TRADE
TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS
Hi Traders,
Nifty is currently trading near a resistance level, and we anticipate further upside movement towards 23,820 and 23,860. We recommend buying the 23,700 CE (Call Option) with a 26th December expiry in the price range of 155 – 150, with an option to add more quantity at 125 –120.
The target levels are 270 and 320, with a stop-loss set at 100.
Regards,
OptionsDaddy Research Team
Note
Current market price (CMP) 240, consider booking partial profits.Trade closed: target reached
Nifty has reached both of our targets; however, with the VIX down by 8.3%, option prices are not rising as anticipated.
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Related publications
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.