Nifty Futures Trading

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MurAtt

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2766 on spot cleared.

Next is what? 2800 which would be top of rectangular formation - sorry 3050 is top of rectangular formation.
Sustained close above that can take us to 3600 levels but lots of resistances inbetween
and this is a bear mkt, so breakout on long side cannot or does not always materialize.

Keep your SLs tight both ways ....
 

MurAtt

Well-Known Member
Hi Sunil,
Yes please do explain the 'twinkle'.
I have bot a 2600 Feb Put today at 85. Yesterday i.e. last close, it was trading at 140.
So if the mkts touch 2700, the Put will give a good return and incase it does not then too I am having time - i.e. till Feb expiry.
 
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