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nifty call

Discussion in 'Technical Analysis' started by vikas_98500, Apr 5, 2016.

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  1. vikas_98500

    vikas_98500 New Member

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    For days ago i purches nifty 7800 april call option at 126rs i want to know nifty cash level for exit from it ? i buy it on expation of RBI policy.:eek:hmy::eek:hmy:
     
  2. shabbir

    shabbir Administrator Staff Member

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    You should never hold your position till the news is out and you should always use the runup to the news. Time to go back to the eBook and use the runup to the news pattern.

    Regarding the levels, I would suggest avoid panic selling and use a bounce to minimize losses.