Nifty 50 Price Action Trade Setup !
Hello! Friends,
I came with new research an idea but, before starting talking about technical Let's share your LOVE by giving me LIKES and COMMENTS.
Let look toward technical as you see in the chart, The price is consolidation between the same rarea of 100-150 point .
For further few days according to my view price will be consolidate between 11300-10700, I am expeccting litle correction in the price because price shout sharpy last week without giving any correction so Somehow i making bearish chart of nifty for target toward 11000-10800-10600.
If you dont wanna taking risk by selling future,
Then i am suggesting you can Take option
(+2x 30JUL2020 11250PE - @₹ 151.95 ) + ( -4x 30JUL2020 11000PE - @₹ 48.7 ) Maximum loss 8 k.
Thanks
I came with new research an idea but, before starting talking about technical Let's share your LOVE by giving me LIKES and COMMENTS.
Let look toward technical as you see in the chart, The price is consolidation between the same rarea of 100-150 point .
For further few days according to my view price will be consolidate between 11300-10700, I am expeccting litle correction in the price because price shout sharpy last week without giving any correction so Somehow i making bearish chart of nifty for target toward 11000-10800-10600.
If you dont wanna taking risk by selling future,
Then i am suggesting you can Take option
(+2x 30JUL2020 11250PE - @₹ 151.95 ) + ( -4x 30JUL2020 11000PE - @₹ 48.7 ) Maximum loss 8 k.
Thanks
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