Nifty50 has filled the gap and touched the low of 17560, it is expected to have a strong upmove in 10-20 days. Target 18000+
So for tomorrow there is a simple Strategy. . If Nifty cross 15680, we will buy 15700 CE for 40 points. . If Nifty goes below 15620, then you should go for PE. . If Nifty give gap down below 15620, then you should go for call option once it goes above 15620. . If Nifty give Gapup Opening then buy on dip strategy will apply. . Keep learning keep earning
Explanation on the chart. The price seems to be rejecting lower levels very sharply and seems to be consolidating above the 200MA on the 1 hour chart. 1900 is also a psychological level that is acting as a good support over the last couple of sessions. I would consider the current price to be a good entry point on the stock with a medium term perspective and...