[POLL][2026-07-28]Where will NIFTY close this month's expiry?

20000-30000 :sweat_smile::sweat_smile:

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23893 - 24500

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For end of month or next week expiry?

Next week

market can go up from here i think - its eyeing 25k now

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24450

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24350

24600?

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Going short with SL 24530

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Monthly, there is two possibilities.

  1. July month candle is a โ€œfirkiโ€, like the previous two months.
    In which case, monthly closing is 23900-24000.
  2. More likely possibility of a green candle after two months of consolidation. Monthly closing 24900-25000.

How to play

  1. If scenario 1 plays out, go for aggressive longs in August.
  2. 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

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Arenโ€™t 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 OPโ€™s poll :wink:

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Above 24k or below 24k.

22k month end still hopefull?

No, may be year end.

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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. :money_with_wings:

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. :face_holding_back_tears:

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