Nifty is not moving above 2795 and it is not a good sign.We may see some more down side.
Resistances are 2789,2800,2849,2874,2880
Supports are
2766,2746,2734,2715,2681.
It is better to initiate 2800 straddle, timing of buying is buy 2800 call when Nifty is near the support of 2680 and 2800 put near the resistance of 2800 and above.
Disclaimer: Please take trading position based on your own analysis. The suggestion given above may not yield profit and the author is not responsible for any loss.
No comments:
Post a Comment