all banks have gicen correction last index management stock are HDFCBANK ICICI which are now in supply zone lanka inki bhi lagegi result ka euphoria nikalne do zara
stock specific movement index gonna move sideways after gapup monthly expiry so a lot of volatility in spike is possible naket trade avoidable hedge every trade
bharat-HkrTv7W4P replied to Arya Ashutosh Das's post
@SAJJALAVINODKUMAR yeah or sideways movement till june first week you can sell options then good but if not then sit on side and wait for clear direction breaking 16400 on 15 min chart will give direction for upside and hedge your trade for safety
its actually wrong they are selling puts and put option to erode them based on that you can assume that cash segemnt selling will reduce plust IT Index has bounced from a very importent support it will take time to break this support
FrontPage is India's favorite stock discussions community
Join 10 lakh Indian traders and discuss trades, strategies, news & views on any stock.