NIFTY is likely to open negative.
NIFTY short-term support is between 24800-24850 and resistance is between 25100-25150.
BANKNIFTY short-term support is between 54700-54800 and resistance is between 55700-55800.
Max pain for NIFTY has decreased to 25000.
Max pain for BANKNIFTY has decreased to 55500.
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.