Nifty took to support its demand zone @ 9300-9420. On the upper side minor supply zone @ 9500-9600.
*If Nifty will sustain below its demand zone @ 9300-9420 next support @ 8970-9000. This will be a major demand zone for this week.
*According to my trade plan If Nifty will sustain below 9300 then I will take a short position in FUT. Otherwise, I will hold short position in 9600 call (Update this trade in my previous nifty post). If it will sustain above 9420 then I may take a short position in 9000 put.
*Who will like this post they will get the updates because I will update my trade in this post. Thank X
Trade active
STBT: short 9600 call @ 30
Note
Now trading @ 13...
Note
I will prefer to write the option in the sideways range of 9300-9600. I will avoid taking trade in FUT.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.