Short
Updated
25083 is the level. 30 min candle has already closed below this level , Market may rise but use this to sell. You can sell calls 0f 25050 CE or 25000 CE for recent expiry . you can also buy small quantity puts.25100 CE 12 Sept is trading at 98-100 level . Keep SL @ 150 . Nifty can goo at least 200 points down from this level.
Note
moved aroud 120 points downside till now from 24947 and call made low of 58.8 from 98. Puts hav also increased. will wait for 24794 and will trail SLs to 78Trade closed: target reached
25100 CE 12 sept is trading at 37 . From 98 it came down to 37 . Our spot target was 24794. Today the Low 24753.15 was the low made , However I did not book at that level, Now booking my Shorted CE @ 35-37.
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