Market again has gone to consolidation mode and is again becoming very cautious.
It is better to avoid Nifty trading. One of the best strategy to be followed is called "Straddle". Here you BUY both PUT and CALL.
For example, you can BUY 5600 PUT and 5600 CALL.
Now if there is any big movement upside or downside, you will be able to make good income from it. Risk is limited and profit will be quite good.
For today, you call SELL SBIN @ 2060-2065 (Future Price)
STOP LOSS - 2070
TARGET 2050, 2030, 2010
DURATION - 1 to 3 days
It is better to avoid Nifty trading. One of the best strategy to be followed is called "Straddle". Here you BUY both PUT and CALL.
For example, you can BUY 5600 PUT and 5600 CALL.
Now if there is any big movement upside or downside, you will be able to make good income from it. Risk is limited and profit will be quite good.
For today, you call SELL SBIN @ 2060-2065 (Future Price)
STOP LOSS - 2070
TARGET 2050, 2030, 2010
DURATION - 1 to 3 days
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