If the market makes a price action and crosses the price 16600 from bottom side then we should buy a call with the strict stop loss of 16580 the price action For a target of 16700.
Similarly, if the market falls down below 16 600 we should immediately take a trade & buy a put with strict stop loss of 16620 for a target of 16500, 16400, 16350.
Chart is self explanatory. Please follow the price action & take the trade as per your appetite.
The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other securities involve risk. The risk of loss in stock market can be substantial. Moreover. I am not a SEBI registered analyst, so before taking any decision or before investing in any Share consult your financial advisor and also do your analysis and research.
Similarly, if the market falls down below 16 600 we should immediately take a trade & buy a put with strict stop loss of 16620 for a target of 16500, 16400, 16350.
Chart is self explanatory. Please follow the price action & take the trade as per your appetite.
The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other securities involve risk. The risk of loss in stock market can be substantial. Moreover. I am not a SEBI registered analyst, so before taking any decision or before investing in any Share consult your financial advisor and also do your analysis and research.