The speed with which NIFTY gone up was not expected at all. With this speed and probable gap up opening tomorrow NIFTY will touch 6000 again within next one or two days!
This euphoria will be over by next week and traders have to face ground realities of weakness in fundamentals and out come of QE easing.
Keep averaging NIFTY 6100 sell CALLs October expiry.
One can sell 6400 NIFTY Calls of October expiry at current price 52 to 60. This is more safe.
Sell NIFTY 6100 NIFTY Calls of September expiry between 54-60.
Yes Bank
Sell Yes Bank 360 Call between 6.50-7.00
Disclaimer: This blog does not take any responsibility of your profit/loss
This euphoria will be over by next week and traders have to face ground realities of weakness in fundamentals and out come of QE easing.
Keep averaging NIFTY 6100 sell CALLs October expiry.
One can sell 6400 NIFTY Calls of October expiry at current price 52 to 60. This is more safe.
Sell NIFTY 6100 NIFTY Calls of September expiry between 54-60.
Yes Bank
Sell Yes Bank 360 Call between 6.50-7.00
Disclaimer: This blog does not take any responsibility of your profit/loss
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