NIFTY could be in range bound zone in spite of FOMC meeting on March 18.
Strategy for next few days:
Sell 8800 CALL of March expiration and sell 8800 PUT of March expiration. Do sell 2 lots each.
About Rs. 10000/- will be credited to your trading account.
Sell in May and go away!!
FOMC meeting in May could lead to rate hike and could bring some panic among traders.
Keep buying 8500 and 8600 PUTs of May expiration on every rise in NIFTY spot. Make basket of total 6-8 lots of PUTs, investing about 12000-15000/-
Disclaimer: This blog does not take any responsibility of your profit/loss
Strategy for next few days:
Sell 8800 CALL of March expiration and sell 8800 PUT of March expiration. Do sell 2 lots each.
About Rs. 10000/- will be credited to your trading account.
Sell in May and go away!!
FOMC meeting in May could lead to rate hike and could bring some panic among traders.
Keep buying 8500 and 8600 PUTs of May expiration on every rise in NIFTY spot. Make basket of total 6-8 lots of PUTs, investing about 12000-15000/-
Disclaimer: This blog does not take any responsibility of your profit/loss
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