On expiry day both nifty and bank nifty moved in a very narrow range and did not give opportunity to OTM options. In spite of this situation, we have identified 25600 CE and picked at 25 and sold at 38 and above.
This was the best possible chance we could see today.
As per today's close, we have been able to see the momentum being lost in the rally. It must be due to month end expiry nearing.
The index is not in overbought position. Still we find index slipping from ATH.
Get ready for a fall and grab PEs during next week for good gains. Our followers are already given the strategy for next week.
Nifty range 10360-460
BNF range 25400-25650
Happy Trading!
This was the best possible chance we could see today.
As per today's close, we have been able to see the momentum being lost in the rally. It must be due to month end expiry nearing.
The index is not in overbought position. Still we find index slipping from ATH.
Get ready for a fall and grab PEs during next week for good gains. Our followers are already given the strategy for next week.
Nifty range 10360-460
BNF range 25400-25650
Happy Trading!
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