Oil has again came within channel after brief upward movement today.
NIFTY took support at 7440-7445 level as expected. Can it bounce back and give 100 points move from here respecting usual trend or will go down?
Nobody knows.
There is high probability trade in RELINFRA.
Stock turned down, gave breakout with volume. Something seems to be wrong in the stock. If this is true then stock will reside at 680 within couple of days.
Buy 690 PUT around 5-6. Investment is just 2500-3000/- , take the trade if your profit in this month permits you to take the trade.
Disclaimer: This blog does not take responsibility of your profit/loss
NIFTY took support at 7440-7445 level as expected. Can it bounce back and give 100 points move from here respecting usual trend or will go down?
Nobody knows.
There is high probability trade in RELINFRA.
Stock turned down, gave breakout with volume. Something seems to be wrong in the stock. If this is true then stock will reside at 680 within couple of days.
Buy 690 PUT around 5-6. Investment is just 2500-3000/- , take the trade if your profit in this month permits you to take the trade.
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