indiamarketoutlook

Nifty: Moving Averages play

Long
NSE:NIFTY   Indice Nifty 50
Till the time Nifty is above 20 day EMA, it has a strong possibility to test 200 day EMA and possibly even 17000 odd levels

Strategy
Consider to sell Nifty 02 June expiry 16400 Put option


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
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- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
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- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be

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