NIFTY is likely to open negative.
NIFTY short-term support is between 25150-25200 and resistance is between 25500-25550.
BANKNIFTY short-term support is between 56400-56500 and resistance is between 57400-57500.
Max pain for NIFTY has decreased to 25450.
Max pain for BANKNIFTY has decreased to 56700.
You may look for a Long CALL/Short PUT on the drop.
At our short-term levels, directional trades may be tried.
Please note that this is not a recommendation. Please consult your financial advisor.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.