Nifty what’s our view

nifty 17895- Market movers have closed all positions. They will look for low buying opportunity. We expect Nifty will be moved to 17390 zone by them for accumulation. Will Consider shorts around 17925.

Trade closed: target reached

Target 1 achieved -
Trade entered : Nifty Jan 18000 PE @ 220 @ 15:18 on 11/1/2023 - Trade closed 267 @ 10:34 on 12/1/2023 at 17816

Note

Holding for Target 410.. Waiting for breakout of 273..

Note

Nifty 17220 Market data suggests there could be a short covering rally in the second half to 17880 with support 17814 as OI buildup with price and volume decline could be seen in data

Note

Nifty 17842 - Nifty moving. as expected. Will be looking for short around 17880..

Note

Trade entered - Nifty 18000 PE @ 230 at 17856 at 15:20 on 12/1/2023

subravi

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