Don't worry dude.
I trade mostly in options.
And this was the second time the nifty index failed to close above the 5920 fibo retracement level on a weekly basis.
So, even though I don't expect a deep correction, there is a high chance now that the index will touch 5750-65 for sure in the next week.
It might bounce back, but that is all i need to get out of the trade with some profits.
I trade mostly in options.
And this was the second time the nifty index failed to close above the 5920 fibo retracement level on a weekly basis.
So, even though I don't expect a deep correction, there is a high chance now that the index will touch 5750-65 for sure in the next week.
It might bounce back, but that is all i need to get out of the trade with some profits.
media /analyst were bullish from the begining of the month and only option writers benefited.Similar threads
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