Currently Nifty 50 trading Above Support Zone Above 24k which 24213.
Pros:- Inside Candle @ Support Area which took nifty almost 350 points above from Intraday low. :- Positive news of US elections of Trump comeback. :- Major Financial and Metal sector contributing for Nifty Rally. :- Go long In Dec-2024 futures & Options of Nov-2024 until opportunity gives at 24k Zone. :- Transaction data showing positive data before elections with irrespective of Election result in US. :- Nifty fell almost2k points from All time highs. :- Minimal Risk margin. :- Index recovered from Q2 opening price. :- RSI indicator rose above 30 which gives add on advantage.
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