TRY THIS AS AN EXAMPLE FOR TOMORROW'S(24TH FEBRUARY) MARKET TO BELIEVE...
From options data,it seems like tomorrow market will be down...Today's move just trapped innocent traders...A close above 4870 gave a feeling of bulls back in action...
It will open gap down below 4840...go upto 4850...then continue it's move down to near 4800 level...Sad to say,but NIFTY expiry for this month likely to be 4790-4800-4810...
HEDGING STRATEGY FOR TOMORROW CAN BE...
BUY 4800CE(SL AT 4825) AND 4800PE(SL AT 4860) WHEN NIFTY OPENS BELOW 4850...
From options data,it seems like tomorrow market will be down...Today's move just trapped innocent traders...A close above 4870 gave a feeling of bulls back in action...
It will open gap down below 4840...go upto 4850...then continue it's move down to near 4800 level...Sad to say,but NIFTY expiry for this month likely to be 4790-4800-4810...
HEDGING STRATEGY FOR TOMORROW CAN BE...
BUY 4800CE(SL AT 4825) AND 4800PE(SL AT 4860) WHEN NIFTY OPENS BELOW 4850...
I know it is possible but would like to follow you, even on paper if some rationale / logic is there behind your views!!!
This is not to discourage but believe me with more input more members would be benefitted!!!
The heading of your Thread makes one visit it once but with such comments as above, dont think there will be many visiting again!!
All the best!!!
-Regards
ps.: I am in no way suggesting that you reveal or share your strategy here but make the visitor feel that you are serious about it!!