Nifty strategy: Keep stop loss at 19,500 for long positions, says ICICIdirect
ICICI Securities recommends selling the 3rd August Nifty 19650 call between 95-100 and setting a stop loss of 5 with a target price of 50; the same condition is advised for selling the 3rd August 19650 call. The Nifty is expected to remain at 19500-19800 levels in the near future. According to the India VIX, volatility is at a low of 10.20 and may remain so. Long positions must have a stop loss near the 19500 levels.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
