On expiry day, just sit back relax, don't trade.
There could be lot of volatility after 1 pm.
As per our count, 5th wave is started and characteristic of completion of 5th wave is sharp fall. Can it happen today?
Possible.
How to do trade with very low risk?
Buy 7550 PUT around 12-14.
If there is sharp fall after 1 pm one would able to make good profit by risking just Rs.600-700 today.
Risk reward ratio will be really good.
RELINFRA:
It is also due for a fall if NIFTY corrects. It stopped around 38% retracement from last fall around 745-746 and good sign of reversal till 700.
Buy 720 PUT around 1-1.50/-. Mere Rs. 500-600 investment could provide good profit potential.
Disclaimer: This blog does not take any responsibility of your profit/loss
There could be lot of volatility after 1 pm.
As per our count, 5th wave is started and characteristic of completion of 5th wave is sharp fall. Can it happen today?
Possible.
How to do trade with very low risk?
If there is sharp fall after 1 pm one would able to make good profit by risking just Rs.600-700 today.
Risk reward ratio will be really good.
RELINFRA:
It is also due for a fall if NIFTY corrects. It stopped around 38% retracement from last fall around 745-746 and good sign of reversal till 700.
Buy 720 PUT around 1-1.50/-. Mere Rs. 500-600 investment could provide good profit potential.
Disclaimer: This blog does not take any responsibility of your profit/loss
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