FIIs sold yesterday in cash after long time in substantial quantity. Nevertheless, NIFTY is still managing to stay above 6180. Sustaining above 6180-6160 levels will see 6300 again in short time.
Sell NIFTY 5900 PUT at around 19-22.
Book profit at 10.
This is reasonably safe trade.
Manage RELINFRA trade now with SL of 400 in cash. It is forming lower lows for sure, but good part was, yesterday, it bounced back from 406 support and closed near to day's high. In gloomy situation, it is good sign for the stock. If it shows follow up action today in upward direction, there could be reasonable chance to exit in profit/small losses.
Disclaimer: This blog does not take any responsibility of your profit/loss
Sell NIFTY 5900 PUT at around 19-22.
Book profit at 10.
This is reasonably safe trade.
Manage RELINFRA trade now with SL of 400 in cash. It is forming lower lows for sure, but good part was, yesterday, it bounced back from 406 support and closed near to day's high. In gloomy situation, it is good sign for the stock. If it shows follow up action today in upward direction, there could be reasonable chance to exit in profit/small losses.
Disclaimer: This blog does not take any responsibility of your profit/loss
No comments:
Post a Comment