Nifty 11 June likely expiry range & strategy

Nifty
CMP 10121

The broader range looks likely to be between 10280 - 9955

Given the view one may consider selling Nifty 10250 Call option around 40
&
sell Nifty 9950 Put option around 24

Max profit potential 75*(36+24)= Rs 4800/-

Loss in strategy if Nifty closes below 9886 or above 10314

Cautious if Nifty starts sustaining above 10203-10220 levels or starts sustaining below 9980 levels.

Strategy provides enough scope to adjust, in case Nifty trades beyond cautious level

Take care & safe trading...!!!

Trading ditutup: target tercapai:

Nifty Cmp 10088
Strategy update

Nifty 9950 Put option cmp 7
Nifty 10250 Call option cmp 3

Net profit 75 * ( 64-10) = Rs 4050 /-

Consider booking profits as per your risk appetite.