33985.70 is the level, above this bnf will be bullish. buy future or ATM calls safe traders short put. CMP 33978
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KEEP target of 300 points at least in spot. Entered 34100 CE @412.
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To me, the premium seems very high. Hence booking 50 percent quantity in call and shifting the margin to the future buying and increasing the lots in bnf future.
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300 points achieved in spot booking full quantity in call and keeping SL in future 50 points above my buying price. will trail SL in this type of volatile market till 500 points move in the spot. If at all it gives that opportunity.