Dear Trader,
Index took good support from 38500-39500 area.
As per Harmonic Pattern, we can visualize long position till 41300 in next monthly Expiry.
For this we need to cross 40200 level decisively.
We have released Bull Spread
Bought 4 Lots of 41300 CE 27 April @ 189
Sold 4 Lots of 40200 Ce 06 April @ 198
Will adjust position after looking price action at 40200 level.
Or
Exit Trade below 39600 level.
Index took good support from 38500-39500 area.
As per Harmonic Pattern, we can visualize long position till 41300 in next monthly Expiry.
For this we need to cross 40200 level decisively.
We have released Bull Spread
Bought 4 Lots of 41300 CE 27 April @ 189
Sold 4 Lots of 40200 Ce 06 April @ 198
Will adjust position after looking price action at 40200 level.
Or
Exit Trade below 39600 level.