Nifty currently trading just above the Bollinger Band with oversold levels in hourly charts. Also 20 EMA and 5 EMA crossover is also occured.
But Still looks the range bound mood continues for couple of days.
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Result of Reverse Iron Butterfly Strategy for Nifty Gain in Shorting 5100PE = Rs18.5
Loss in Longs 5200 PE = -Rs45.8
Gain in Longs 5200 CE = Rs4.45
Gain in Shorting 5300 CE = Rs16.9
Total Loss = RS5.95/Lot
Nifty Gained 30pts […]
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