NIFTY is likely to open negative.
NIFTY short-term support is between 22500-22550 and resistance is between 22950-23000.
BANKNIFTY short-term support is between 51400-51500 and resistance is between 52700-52800.
Max pain for NIFTY has decreased to 23150.
Max pain for BANKNIFTY has decreased to 54100.
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.
Workshop:
Free Training Sessions:
More info:
Disclosure:
Portfolio: ALPHA, ASTRAL, ATUL, BANKBEES, CERA, CHOLAFIN, CONCOR, DMART, GOLDBEES, FINEORG, FINPIPE, HCLTECH, HDFCBANK, ICICIBANK, JUNIORBEES, KPITTECH, LIQUIDBEES, MOM30IETF, NIFTYBEES, POLYMED, REDTAPE, RHIM, SBIN, SILVERBEES, TIMKEN, etc.
We regularly trade weekly options.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.