NIFTY at make or break point?
In previous chart analysis, we have seen 15900 as strong resistance which could be broken looking at the push from the ascending triangle seen here. I will be waiting for the supply zone to break to the upside.
Trade to put if 15900 break:
Naked monthly put sell at 15700 with SL as option chain data show massive put selling at that level
Bull put spread: Sell July PE 15700 and Buy July PE at 15300/200 levels
Trade to put if 15900 break:
Naked monthly put sell at 15700 with SL as option chain data show massive put selling at that level
Bull put spread: Sell July PE 15700 and Buy July PE at 15300/200 levels
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