Nifty
Although markets can fall further, and can be irrational, we are at a place where Nifty has filled up the 2nd gap.
Whether it falls or rise only time will tell us, but based on the underlying conditions I would not prefer to short at current levels. (This does not mean I would buy Call Options).
Trading strategies should factor in
- the Risk::Reward ratio,
- it's probability and
- your comfort level with whatever is the outcome
Important levels on the upside 17430 / 17520
Important levels on the downside 17251 /17222 / 17180 / 17111
Take care & safe trading...!!!
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Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Although markets can fall further, and can be irrational, we are at a place where Nifty has filled up the 2nd gap.
Whether it falls or rise only time will tell us, but based on the underlying conditions I would not prefer to short at current levels. (This does not mean I would buy Call Options).
Trading strategies should factor in
- the Risk::Reward ratio,
- it's probability and
- your comfort level with whatever is the outcome
Important levels on the upside 17430 / 17520
Important levels on the downside 17251 /17222 / 17180 / 17111
Take care & safe trading...!!!
Like and Follow
To trade with me Direct Message
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
