20000-30000 ![]()
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23893 - 24500
For end of month or next week expiry?
Next week
market can go up from here i think - its eyeing 25k now
24450
24350
24600?
Going short with SL 24530
Monthly, there is two possibilities.
- July month candle is a โfirkiโ, like the previous two months.
In which case, monthly closing is 23900-24000. - More likely possibility of a green candle after two months of consolidation. Monthly closing 24900-25000.
How to play
- If scenario 1 plays out, go for aggressive longs in August.
- Any dips come in July, buy calls or sell puts at supports.
July is historically a bullish month. Last 15 years average monthly returns in Nifty
Arenโt there two possibilities at any given point of time ?
Higher high and higher low for 6 days now. We might test 24600
Not here, there are around 15-20 possibilities in OPโs poll ![]()
Above 24k or below 24k.
22k month end still hopefull?
No, may be year end.
Today, 25200 CE July broke the low it made in first week of June (from where Nifty rally started).
To me, this is a hint that this option will expire ZERO. Soon, 25000 CE may give same confirmation, lets see.
The delta is a closer approximation for it ending up ITM. ![]()
what you mean can u explain
The Jul 25200 CE option has a 0.09 or 9 delta, i.e., it has a 9% chance of ending up ITM (with some intrinsic value) or 91% chance of expiring worthless. ![]()

