Nifty Looks stable for 03.01.2023

praveen.gupta Updated   
NSE:NIFTY   Nifty 50 Index
Nifty Looks stable for 03.01.2023
Nifty CMP 18,197
Major Resistance / Supply Zones 18,500
Nifty open downside then consider to buy ATM call in the rage of 18,073 to 18,095 , SL as shown in red line.
in case open flat or upside , it has sufficient space to move upwards , no issue looks up to 18,500/-
consider to buy ATM call/ Future at black line SL 25 -30 points.
Consider to buy put when index is at 18,500/-

Disclaimer: Analysis is for training and education purpose. author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice. consult your financial advisor before investing.
Trade closed: target reached:
Today market was dull , Nifty does not move sharply any side , Analysis was good

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