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I have this position:
BUY 24800PE, SELL 3X23300PE.
1. MTM showing is not real MTM as there is no liquidity in 24800PE.
2. How to exit these positions when there is no liquidity in 24800PE?
There is a way, let me see who can answer correctly.
#Nifty weekly update- W40
After a lot of struggle nifty did manage to close above our support
But Monday has its plan ready
Overall now it's better to avoid longs as it looks like this time it may even break 200WMA
#SpaceX#ipo
#Nifty weekly update- W39
Now the the downside level is very clear i.e 23,300 if it breaks 200WMA next
Mostly June looks like a choppy range bound market
Note: Friday there was a strong FII selling because of MSCI so a lot off liquidity has been sucked out of the markets
@vijayshekhar Because their prices have gone up too much above IPO price
But there are still cos which price keeps on falling even when they are below IPO price