Sensex Expiry Overview - December 1 2023

Dec 1, 2023

The market made a significant up move. But it lacks strength and momentum for further up moves. Any move will be slow; the market will be sideways from 67350 to 67520. There can be gamma bursts on either side. My view is sideways to bullish till 67520.

Dec 1, 2023

Trade active

I've sold Sensex puts on spike

Dec 1, 2023

Note

I'm not buying calls, as there is not much momentum in market

Dec 1, 2023

Trade closed: target reached

Rocket move

Dec 1, 2023

Note

Done for the day as targets reached. Not taking any trades now.

Dec 1, 2023

Trade closed manually

All targets reached

Dec 1, 2023

Note

Nifty is at an all-time high. It is an unknown territory. However, banks and financial institutions are lagging, which is the only thing that can provide predictability. BNF 45000 has the highest call writers. It is best not to trade anymore today.