As every NIFTY trader knows by now NIFTY levels to watch for are 5940-5970 on downside and 6140-6170 on upper side.
One might see NIFTY in this range for few trading sessions.
Update ICICIBANK strategy:
Unfortunately, it is not paying dividend so far. If one sees level near 1000 for ICICI today/tomorrow then be in the trade or prepare to exit on Monday/Tuesday at small loss.
Also lot of short build up in yesterday's trading session indicates stock will find difficult to move upward in the near future. So, be prepared to book loss, if ICICI goes below 940 in cash.
No new trades, manage NIFTY PUT sell positions and keep booking profits at regular intervals.
Disclaimer: This blog does not take any responsibility of your profit/loss
One might see NIFTY in this range for few trading sessions.
Update ICICIBANK strategy:
Unfortunately, it is not paying dividend so far. If one sees level near 1000 for ICICI today/tomorrow then be in the trade or prepare to exit on Monday/Tuesday at small loss.
Also lot of short build up in yesterday's trading session indicates stock will find difficult to move upward in the near future. So, be prepared to book loss, if ICICI goes below 940 in cash.
No new trades, manage NIFTY PUT sell positions and keep booking profits at regular intervals.
Disclaimer: This blog does not take any responsibility of your profit/loss
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