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Nifty 50 IndexUpdated

Pre-Market Routine - Nifty - Demand and Supply Zone

Nifty is facing resistance @ 9320 on it’s daily, Hourly and Weekly chart and today's close is below this level.

*On the downside of the hourly chart 8850-9100 is a short term demand zone.

*Strength is missing on the upper side so I will prefer to take a position in OTM option selling instead of Fut position.

snapshot
snapshot
Trade active
Carried Position From Frieday:-
SOLD 8600 PUT @ 39 CLOSED @ 13
SOLD 8800 PUT @ 70 CLOSED @ 30
Note
Carried this both trades.
Swapilchoksi
Also on:
Chart PatternsintradaytradeNIFTYniftyanalysisniftytrendswingtradingTrend Analysis
Swapilchoksi
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