I anticipate a short-covering rally in the Nifty50 spot, expecting a recovery as long as the spot doesn't dip below 22323.60. I've taken a long position below 22442.20, with a strict stop loss set at 22323.60.
Trade active
Bought 22300 Call Option (2nd May 2024 Expiry) @ 242.20Note
Holding till expiry (2nd May 2024) Stoploss & Target Premium.Trade closed: target reached
Booked Profit from 22300 call option @ 381.00
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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.