NIFTY_PROJECTION_29-08-2024_EXPIRY

Aug 29

NIFTY expected to max out at 25145 around if anything in OC does not change by 12:30. So maximum ups and down expected is 100 in the morning.

Aug 29

Trade active

SUPPORT ZONE IS SHIFTING DOWNWARD to 25000. Hence caution suggested. It it shifts completely. Exit for bulls suggested.

Aug 29

Trade closed: target reached

so gave a good turmoil with both side happy at the end of the day. OC zone worked perfect.

Aug 29

Note

altogether today's movements were purely based on RSI movements & Option chain. Just need to figure out volatality factor while entering into any strike price inside the zone.

Thankyou.