NIFTY50 - 09-10-2024 BN EXPIRY DAY

Oct 9, 2024

Pre-Open Order Collection 09:07:23 IST NIFTY 50 25,065.80 52.65 (0.21 %) Advances - 38 Declines - 11 Unchanged - 1


"SYMBOL CHNG %CHNG FINAL
HDFCBANK -1.55 -0.09 1,649.50
RELIANCE 0.35 0.01 2,795.05
ICICIBANK 6.45 0.52 1,243.05
INFY 4 0.21 1,952.55
ITC 1.85 0.36 509.8
BHARTIARTL 9.3 0.56 1,666.75
TCS 6.75 0.16 4,260.00

MARKET FLAT & RESISTANCE WILL BE OF OI hence big move expected.

R1 25500
R2 25200
R3 25000

S1 25000 STRONG
S2
S3


MPC meeting hence expecting market to be volatile.

stay calls.

Oct 9, 2024

Trade closed manually

SL: -6K

Learnings: Whenever the inside candle is formed and pre open candle is less than 100 points. Market generally follows Volumes resistance which was today at 25200 So ext considered max at 25250+ or nearby. So, till the time EOR is not held for 15 minutes candle. Its wise to book profits & reversals. Specially when both resistance and support are strong. Market will be considered bullish only when it closes above 25250 or above and bearish if its below 25750. Till the time market spends in between and forms and inside candle. Side ways market will be there.