NSE:NIFTY CMP 16,605 Qty: 1 Lot Shares Buy ( Nifty Call at ATM ) Nifty formed the fresh demand zone in the down marked, which is providing strength to it , Auto, Reliance, Metals and TCS looks bullish for the expiry of weekly nifty. 1. 16483 to 16,581 is a fresh demand zone formed in the declined uncertain market conditions. Buy ATM Call when the index is near 16,600 and below zone is maintained, not broken. 2. 16778 to 16,814 is supply zone/resistance for the upward journey, if broken then Nifty can reach up to 17,000/-, Buy a call ATM when this the zone is broken. 3. 16483 to 16,581 zone is broken, downside movement , do nothing.
Disclaimer: the author may enter in trade, take your own decision , This is a trading idea not a trading or Investment advice