Nifty has entered in the ping-pong area and is likely to bounce around here only till the next month or so. Avoid Breakout or Breakdown trades as they are more likely to be fakeouts only. Save your capital always fix risk before you enter a trade and never ever ever dream of holding an option in this market unless you have a concrete plan and know what you are doing. This is purely a game of probabilities and has no place for emotions or Fomo'ing out. It only takes one dynamic trader in the world to negate your edge so be careful with your capital. And may the best man win.
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.