GOPISRI

Nifty trades and targets - 17/5/24

NSE:NIFTY   Nifty 50 Index
Hello Everyone. The market was in a bearish/bullish mode today. If you have made good profit today then its better not to trade as ,most of us lose more than what we earned after a good profit. There is good resistance zone so wait for it to break with 15 minutes candle to go for CE trades. If it opens gap up then we need to see reversal trade till the previous high or close whichever is higher as 1st target. If it opens gap down then look for CE trades till previous day low or close which ever is lower. The premiums will be high so premium eating will happen fast so maintain strict SL. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 30 points as we are getting very few trending moves. If you have any doubts connect me on X
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