NIFTY is likely to open negative.
NIFTY short-term support is between 23050-23100 and resistance is between 23400-23450.
BANKNIFTY short-term support is between 48600-48700 and resistance is between 49600-49700.
Max pain for NIFTY has increased to 23300.
Max pain for BANKNIFTY is same at the 50000.
Can look for Long PUT/Short CALL on the rally.
At our short-term levels, directional trades can be tried.
Disclosure:
Portfolio: BANKBEES, CHOLAFIN, CONCOR, GODLBEES, HCLTECH, HDFCBANK, ICICIBANK, JUNIORBEES, LIQUIDBEES, MOM30IETF, NIFTYBEES, POLYMED, SBIN, SILVERBEES, TIMKEN, etc.
Current stock option trades open: None
We regularly trade weekly options.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.