The Rich Money TraderπŸ”₯
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I am still bullish in banknifty, market consolidation se bullish move mein reh sakta h. Support zone ab 44100 - 44200 h
Nifty is in resistance zone, 18600 to 18700. It may hault little there.
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Nifty thoda bearish opening ho sakta hai, agar first 15 min sustain karta hai toh it might go bullish again nai toh fir down movement.
Pre market - bearish data
Aaj Q4 ki GDP data bhi aane wali h apni.
The Rich Money TraderπŸ”₯
Aaj Q4 ki GDP data bhi aane wali h apni.
Expectations achie nai h so market might show some bearish move.
Market down hua and sath mein India vix bhi down...... Hmmmm this means bearish move continue hona muskil h.
More likely market aaj jyad move na kare.
So that market still not moving as expectedπŸ˜„
1 baje ke baad movement aa sakta h thoda
Today can see good movement in market
Banknifty support 43900 to 44000
Banknifty - 44400 to 44500 resistance level hai, Aaj expiry iske niche close hone k chances ho sakta h.
Aaj RBI ki monetary policy bhi aane wali h, 10:00 am
Subhah bola tha 44400 ka level resistance h, exactly wahi se reverse.βœŒοΈπŸ“ˆ
Why I prefer option selling over option buying, ( personally) this is 44000 call option, 9th june se ab tk 50% decay ho chuka h
This why I like to do option selling ✌️
Market seems bearish today,
Nifty resistance - 18780 zone
Banknifty may give good movement. 43900 to 44100 is the consolidated zone.
The Rich Money TraderπŸ”₯
Market seems bearish today, Nifty resistance - 18780 zone Banknifty may give good movement. 43900 to 44100 is the consolidated zone.
Well aaj kuch jyada hi bearish ho gaya, this is how it works. Market consolidation mei tha banknifty 43900 ko break kiya and boom...😌