NIFTY50 - 07-10-2024

Updated
PRE OPEN 63 POINTS UP:
resistance and support of open interest. Hence Stay cautious.


RELIANCE POSITIVE
HDFC NEGATIVE
ICICI POSITIVE
AXIS NEGATIVE
INFY TCS POSITIVE
LT negative

Watch out for reliance industries. Market will be dependent fully on that.

stay put. NO targets but 24500 can go. Even I am not sure. Confusing .
Trade closed: target reached
when you Don't understand anything follow the market.

open interest moved downward from support 1 to support 2 which was a big leap. Still the 25500 positions have not moved which means market can fall further to 24500 & 24k by expiry.

Stay cautious when market follows direction of OPEN interest big falls or rise occurs.
Chart PatternsTrend Analysis

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