nifty may open on gap down note as per sgx nifty around at 24520 levels in todays session. coming to yesterday session nifty hovered around 24600 to 24500 levels within 100 points range and settled down at 24583 points by 13 points marginal gains. I am expecting one another choppy day for nifty due to nifty option expiry hold today so I am advised to traders takes short positions in nifty options instead of option buying because option premiums are killing while consolidation in the nifty. Crude oil price are spiked 5% in yesterday due to inventory of the crude oil is falling below the 1983 levels and also U.S&Iran uncertainity so crude may hit 90 dollors in coming days.
Nifty trading levels :
buy nifty :24490
stop loss :24430
1st target :24580
2nd target :24620
stock of the day :Paytm in this stock breakout has occured in symmetrical traingle so I am expecting the rally continues today also when it retested the support levels.
Buy price :1564
stop loss :1508
target :1620
Disclaimer : I am not a SEBI Research Analyst please take advise from your financial advisor before take position based on my recommendation.
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Nifty trading levels :
buy nifty :24490
stop loss :24430
1st target :24580
2nd target :24620
stock of the day :Paytm in this stock breakout has occured in symmetrical traingle so I am expecting the rally continues today also when it retested the support levels.
Buy price :1564
stop loss :1508
target :1620
Disclaimer : I am not a SEBI Research Analyst please take advise from your financial advisor before take position based on my recommendation.
Thanking for your support if liked my content please suggest to your friends to follow my channel
Please drop a comment on whether my recommendation is useful and correct my mistakes
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כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.