Nifty: Chart set up and trading strategy

2023년 4월 4일

Nifty

- Nifty has given a breakout from the Blue box and is now trading in the yellow box
- 252 day EMA @ 17396
- 63 day EMA near 17540
- Line of Resistance 17620 odd levels around 20 April 2023

- 21 day EMA around 17240
- Lower level of Yellow box 17220 odd levels

- RBI Policy Announcement on 6th April 2023
- Result Calendar to begin soon

View: Rangebound for the next 2 weeks
Trading Strategy: Short Strangle for Nifty 13 April / 20 April expiry

Expected trading range for Nifty till 19th April 2023
- 17620 on the upside
- 17240 on the downside

Take care & safe trading...!!!


Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be

2023년 4월 5일

액티브 트레이드

Short Strangle Strategy 20 April expiry

Sell 17700 Call
Sell 17200 Put

Net receivables 141 points

Till 20 April 2023, Strategy has in built loss protection for a
- fall up to 17059 &
- rise up to 17841

Follow your Risk Management measures

Take care & safe trading...!!!