Nifty 17,700 Call Option of 16 Mar 2023 expiry was also a strong buy as of yesterday’s closing. This option was suitable for buying today morning at 50 for target 72, giving 44% gain. This option can go till 100-110 and it can be used or long-side Nifty trading till 10th March. Trader need to trade with limit orders in the system, and hold the option for minimal possible time.
Category Archives: Nifty50
Nifty Option Trading- 17500 CE -01Mar2023
For this week, our top pick for Nifty Options Trading has been Nifty 7500 Call Option of different expires: 09 Mar 2023, 16 Mar 2023, and 23 Mar 2023.
Following is the performance summary of the main Nifty Option trading today: NIFTY 09Mar2023 CE 17500
It was a strong buy at closing yesterday near 67, and it gave over 50% gain by today’s closing. Trade Summary: Buy at 67, Sell at 103, giving 53% gain in one day. However, this reliable setup took some time to come, after more than a week of waiting.
We can continue trading with this Nifty Call Option for target 150-160. For example, we can buy tomorrow at 103 for target 153.
Bank Nifty has been stronger than Nifty in the last 2 weeks, and the Bank Nifty Call Options have also given good gains.