Tag Archives: Nifty Options Trading

Nifty Futures Trading- 09Sep2024

Following are charts of Nifty50 Index and Nifty50 Futures, as of today morning, Monday, 09 Sep 2024. The Nifty futures are trading below recent support levels but above key support level of 24,500. Any long positions in Nifty futures must be hedged with Nifty Put options at 24,500 level or 24,300 level (which is 500 points below current level). The current period of volatility may last a few days. Nifty Futures are likely to retest 25,200 once the setup is positive.

Nifty Option Trading- 17700 CE -01Mar2023

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.