NIFTY bounced back on Putin's decision.
This could have some reminiscence for next one or two days. But this should be last few 50/100 points upside from here. This could even happen due to gap up opening tomorrow. Keep averaging NIFTY CALLs.
By now everything is priced in. Modi factor, War factor, inflation data, interest rates market knows everything. So there might not be big move on either side till next trigger.
Range could be 6140-6435 more preferably 6250-6340.
NIFTY
Sell 6500 April CALLs in range of 70-80.
Sell 6400 March expiry CALLs in the range of 48-55
LT
Sell 1160 CALL between 17-20.
LT is in uptrend. Stock moved up by 15% in last two weeks. But now it would face strong resistance near 1130-1138.
Disclaimer: This blog does not take any responsibility of your profit/loss.
This could have some reminiscence for next one or two days. But this should be last few 50/100 points upside from here. This could even happen due to gap up opening tomorrow. Keep averaging NIFTY CALLs.
By now everything is priced in. Modi factor, War factor, inflation data, interest rates market knows everything. So there might not be big move on either side till next trigger.
Range could be 6140-6435 more preferably 6250-6340.
NIFTY
Sell 6500 April CALLs in range of 70-80.
Sell 6400 March expiry CALLs in the range of 48-55
LT
Sell 1160 CALL between 17-20.
LT is in uptrend. Stock moved up by 15% in last two weeks. But now it would face strong resistance near 1130-1138.
Disclaimer: This blog does not take any responsibility of your profit/loss.
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