NIFTY is experiencing some profit booking at resistance zone. This might continue during the day. TCS results might not have significant impact.
Buy 6300 PUT for small 10-12 points upside at around 55-60. Book profit in the range of 68-70.
If NIFTY goes above 6340 in cash then exit this PUT contract otherwise one can hold the trade for Monday. But don't risk too much of capital.
Market is in uptrend so such a contra-trade would be risky.
Followers of this blog should not have any open position by now in this month, except LT 1060/1080 Call sell contracts. Try to book profits today in the same.
Disclaimer: This blog does not take any responsibility of your profit/loss.
Buy 6300 PUT for small 10-12 points upside at around 55-60. Book profit in the range of 68-70.
If NIFTY goes above 6340 in cash then exit this PUT contract otherwise one can hold the trade for Monday. But don't risk too much of capital.
Market is in uptrend so such a contra-trade would be risky.
Followers of this blog should not have any open position by now in this month, except LT 1060/1080 Call sell contracts. Try to book profits today in the same.
Disclaimer: This blog does not take any responsibility of your profit/loss.
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