HOW TO TRADE ON NIFTY ON EXPIRY.
Nifty is making a bull run according to MACD of daily chart frame but as we know corona cases is increasing so at the end be cautious the market may fall.
behind the scenes:
FII BOUGHT 110CR DII BOUGHT 552CR.
EUROPEAN MARKET DAX shows negative sentiments.
SGX nifty is trading negative at the time of review
Advance to decline ratio is around 1237:705 in Nifty50
US market data is flat
Crude oil is trading at $59.68
Gold is trading at 1752 with positive view
US 10yr bond is low at 1.637
Dollar index is also flat 92.12
OI For Nifty for the lower side are 14,850/ 14,800/ 14,700/ 14,600/14,500
OI for nifty on the upper side are 14,900/ 15,000/ 15,100/ 15,200
Maximum OI at 14,900
Max pain at 14900
what to expect:
Market may show a flat then down trend
how to trade today:
1. Gap up opening
first possible resistance 14879
second 14982
third 15050
2. Gap down
first possible resistance 14810
second 14740
third 14655
fourth 14535
3.flat opening
14850 is a crucial level to watch
This is an educational analysis no call is related to it.
Nifty is making a bull run according to MACD of daily chart frame but as we know corona cases is increasing so at the end be cautious the market may fall.
behind the scenes:
FII BOUGHT 110CR DII BOUGHT 552CR.
EUROPEAN MARKET DAX shows negative sentiments.
SGX nifty is trading negative at the time of review
Advance to decline ratio is around 1237:705 in Nifty50
US market data is flat
Crude oil is trading at $59.68
Gold is trading at 1752 with positive view
US 10yr bond is low at 1.637
Dollar index is also flat 92.12
OI For Nifty for the lower side are 14,850/ 14,800/ 14,700/ 14,600/14,500
OI for nifty on the upper side are 14,900/ 15,000/ 15,100/ 15,200
Maximum OI at 14,900
Max pain at 14900
what to expect:
Market may show a flat then down trend
how to trade today:
1. Gap up opening
first possible resistance 14879
second 14982
third 15050
2. Gap down
first possible resistance 14810
second 14740
third 14655
fourth 14535
3.flat opening
14850 is a crucial level to watch
This is an educational analysis no call is related to it.