Market Decoder
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STOCK MARKET| #NCFM _CERTIFIED_TECHNICAL ANALYST


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Short38800 CE & 38300 PE , SL 75% premium both sides
Close the trade 100% done 112 points grabbed.
Photo from NAGA RAJAN
Photo from NAGA RAJAN
For Reliance 2560 is strong Gann resistance, and 0.618 of Fib of lower high so it can be range bound or it can fall until 2580 is taken out
Don't take fresh positions for next 3 days in Nifty 50 stocks
Nifty is near to Double top lets wait
Posted this last week itself. Look for stocks in demand zone.
Hope view helped. And a good correction in index
Until Todays High 18350 is taken out in Till Friday, Bears 🐻 would be Back and Brutal !!
Batch #32 for Technical Analysis starts this weekend Saturday 22nd
Short 38300CE at 51.5 & Short 37800 PE at 53 , SL 70 of the Premium
37800 PE sL hit at 85
38300 CE at 7.7from 51.5