Nifty managed to taks support from 20EMA & closed above 10 EMA.
Nifty saw quite a few sectors participating today, it closed with reasonable strength too.
11750 can be used as stop for longs for tomorrow (28th Oct.)
Trade long using bull spread utilising 11800 and 12000 Calls.
This post does not encourage speculative trading in financial markets, cosult your financial consultant before taking any investment decision, understand the position thoroughly.
Use this as an example for utilising bull spread with a stop loss, for low risk trading strategies.
Goodluck.
11750 can be used as stop for longs for tomorrow (28th Oct.)
Trade long using bull spread utilising 11800 and 12000 Calls.
This post does not encourage speculative trading in financial markets, cosult your financial consultant before taking any investment decision, understand the position thoroughly.
Use this as an example for utilising bull spread with a stop loss, for low risk trading strategies.
Goodluck.