Nifty Trae set up
After 2 days directional movement we can see a range-bound market before expiry.
I will rather sell the option tomorrow than buy it.
level I have marked.
simple I will mark 30 min range .om high side will sell call and the lower side will sell PE. keep both positions intact until range break.
Keep an eye on Bank nifty. if it trades below the 21000 marks then it will drag nifty also.
After 2 days directional movement we can see a range-bound market before expiry.
I will rather sell the option tomorrow than buy it.
level I have marked.
simple I will mark 30 min range .om high side will sell call and the lower side will sell PE. keep both positions intact until range break.
Keep an eye on Bank nifty. if it trades below the 21000 marks then it will drag nifty also.