Index trading with CA Nitin Murarka (SMC)
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SEBI Registered Research Analyst, employed with SMC Global Securities Ltd.
SMC-RA-SEBI Registration No: INH100001849
NISM Registration No: NISM-201500034084


YouTube:- https://youtube.com/@nitinmurarkanifty
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✅ EARLY EXIT 82AND WAIT FOR FRESH ENTRY AFTER BOUNCE 80-85 DECAY SEEN ENTRY @ 83
NOTE- WE EXITED PUTS OF 23250 ENTRY @ 83 EXITED @ 80
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INTRADAY DATA - Positive - entry in calls closer to vwap lets wait
PCR DATA TURN POSITIVE
✅ Buy nifty 23450 strike calls @ 58-62 sl 38 target 90
Data has turned positive, so we have shifted towards CALLS.
📊 Refer PCR data: Signs of possible short covering are visible ahead of the long weekend and amid the ongoing BRICS Summit.
👉 Stay with CALLS as long as the data remains positive.
⚡️ Possible short-covering move today.
keep - 50% bids @ 80 and next 50% @ 95-100 entry @ 62 now 70++ calls
we follow sl and hold calls
lest wait with 38 as sl
❇️ NIFTY tried to SL hunt we maintain sl @ 38 for 23450 calls entry @ 62 cmp 58
calls back after SL hunting
today lest wait till sl 38