NIFTY in recent past always gone up by at least 80-100 points prior to long weekend. It gave Doji candle yesterday. It indicates confusion in traders mind.
NIFTY has consolidated during past four trading sessions and might cross 7980 today and close near 8000.
No good lottery trade. Especially this month is not good enough to invest in lottery trade. Most of the trades this month went wrong and hit SL.
Some of them were good, fetched descent returns but not enough to close trading account in green.
So no new trade.
However,traders with very high risk appetite could buy 7900 PUT around Rs.5/-
Just Rs. 250/- investment has potential to give 5 fold return on expiry day if traders decide to do some profit booking at higher level post 2 pm.
Disclaimer: This blog does not take any responsibility of your profit/loss
NIFTY has consolidated during past four trading sessions and might cross 7980 today and close near 8000.
No good lottery trade. Especially this month is not good enough to invest in lottery trade. Most of the trades this month went wrong and hit SL.
Some of them were good, fetched descent returns but not enough to close trading account in green.
So no new trade.
However,traders with very high risk appetite could buy 7900 PUT around Rs.5/-
Just Rs. 250/- investment has potential to give 5 fold return on expiry day if traders decide to do some profit booking at higher level post 2 pm.
Disclaimer: This blog does not take any responsibility of your profit/loss
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