Nifty trades and targets for - 14/8/24

Hello Everyone. The market was in a bearish mode today. The mark zones are previous reversal or break down areas so trade accordingly. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 30 points as we are getting very few trending moves.

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Its nifty expiry too. Nifty is at strong support (24120 to 24080). Wait for it to break then look for PE trades.

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As per option chain nifty next target is 24000

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Guys looks like nifty is closing between 24100 and 24150 as per option chain. Sideways till closing so book profits fast and close trades do not sit on trade for more than 10 minutes.

GOPISRI

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GOPISRI

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