Anticipating Short-Covering: Nifty50 Spot Recovery Strategy

Actualizado
I anticipate a short-covering rally in the Nifty50 spot, expecting a recovery as long as the spot doesn't dip below 22323.60. I've taken a long position below 22442.20, with a strict stop loss set at 22323.60.
Operación activa
Bought 22300 Call Option (2nd May 2024 Expiry) @ 242.20
Nota
Holding till expiry (2nd May 2024) Stoploss & Target Premium.
Operación cerrada: objetivo alcanzado
Booked Profit from 22300 call option @ 381.00
nifty50niftytradesetupoptionstradingTrend AnalysisVolatility

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