If you know of any analyst who adviced you on today’s NIFTY closing range correctly, please share here.
I was well aware of today’s move going to happen & it was no surprise for me when market crashed.
If I had taken a trade in the morning, it would have been going long with PUTS or writing calls but since writing requires more margin so if one is sure about movement then buying options can be highly rewarding if the market moves in favourable direction.
I don’t follow much technicals but if some person does predicts the movement based on technicals even then its always a 50 - 50 chance, either you will be correct or markets will correct you!!
I m not trading much these days due to household work but still keeping updated with the happenings.