NIFTY 50 - 01-02-2025 BUDGET DAY REVIEW

Market ended flat post budget. But we need to focus on what will be next from here. nifty futures hovering at 23500 downward side which is a kind of negative signals for the days to come where market can correct upto our initial support levels of 21800 till March 16th 2025. So more focus should be on WRITING OTM CALLS where ever you fell the volatility is high and market is touching resistance.

The idea behind the same is to capture the max of the volatility & LOGIC is if the market faces resistance more than thrice in a week the volumes on the same side come single sided and make the market downward trending till the premium get bloated.

Be ready for the CAT and monkey game for 1 month at-least. It will keep everyone nerves high.

Regards

Ajay Ekka