TODAY, we achieved our target of 11550 on nifty and after the 5trading session nifty finally close above the day high and their is a huge PUT Writing on Nifty contract from (11300-11500).
Finally, nifty able to close above 11500 that must be good for nifty for further upside movement and now nifty having immediate support at 11518 which will we going to test for tomorrow trading session as support in GAPUP or GAPDOWN opening.
Tomorrow if nifty open GAPUP than Obviously go long on nifty for the target of 11660 with following stoploss of 11518,
NOTE:- Tomorrow is Thursday which is expiry day volatility very much expected.
Disclaimer:- Do your own research before investing, trade on your own risk.
Finally, nifty able to close above 11500 that must be good for nifty for further upside movement and now nifty having immediate support at 11518 which will we going to test for tomorrow trading session as support in GAPUP or GAPDOWN opening.
Tomorrow if nifty open GAPUP than Obviously go long on nifty for the target of 11660 with following stoploss of 11518,
NOTE:- Tomorrow is Thursday which is expiry day volatility very much expected.
Disclaimer:- Do your own research before investing, trade on your own risk.