Nifty is Trading in a Range. Likely to trade in a range.
All Sectors are at all time high except IT, FMCG, NIFTY BANK.
I am Cautious in this Month.
How to trade this Range in March?
22600 CE - 1 Lot-Buy
23000 CE - 2 Lot-Sell
21500 PE - 1 Lot Sell
Break Even @ expiry - 21500 - 23400 (Lower level is near Jan close)
Margin Required- 1.5 Lacs (Max Profit - 20k (bullish expiry))
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 Me.
All Sectors are at all time high except IT, FMCG, NIFTY BANK.
I am Cautious in this Month.
How to trade this Range in March?
22600 CE - 1 Lot-Buy
23000 CE - 2 Lot-Sell
21500 PE - 1 Lot Sell
Break Even @ expiry - 21500 - 23400 (Lower level is near Jan close)
Margin Required- 1.5 Lacs (Max Profit - 20k (bullish expiry))
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 Me.
Trade closed manually:
At last this position is ended in No loss, No profit.. (+200 Rupee).