Observations: For time horizon of next 1-2 Months.
Nifty IT has been trading in an narrow range from past few days. CMP : 14500 Levels
Trend : Not Sustaining at upper levels... Likely to drift down if Closes / Breaks below 14300
Strategy: Keep Selling on every rise to 14600 - 14630 Levels
View negates if closes above 146650 Levels
Options: 14200 PE looks like a profitable bet.
Nifty IT has been trading in an narrow range from past few days. CMP : 14500 Levels
Trend : Not Sustaining at upper levels... Likely to drift down if Closes / Breaks below 14300
Strategy: Keep Selling on every rise to 14600 - 14630 Levels
View negates if closes above 146650 Levels
Options: 14200 PE looks like a profitable bet.
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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.
Disclaimer
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.