Mantubora

flat with nifty

NSE:NIFTY   Nifty 50 Index
HOW TO TRADE ON NIFTY ON EXPIRY.

Nifty is making a bull run according to MACD of daily chart frame but as we know corona cases is increasing so at the end be cautious the market may fall.

behind the scenes:
FII BOUGHT 110CR DII BOUGHT 552CR.
EUROPEAN MARKET DAX shows negative sentiments.
SGX nifty is trading negative at the time of review
Advance to decline ratio is around 1237:705 in Nifty50
US market data is flat
Crude oil is trading at $59.68
Gold is trading at 1752 with positive view
US 10yr bond is low at 1.637
Dollar index is also flat 92.12
OI For Nifty for the lower side are 14,850/ 14,800/ 14,700/ 14,600/14,500
OI for nifty on the upper side are 14,900/ 15,000/ 15,100/ 15,200
Maximum OI at 14,900
Max pain at 14900


what to expect:
Market may show a flat then down trend

how to trade today:
1. Gap up opening
first possible resistance 14879
second 14982
third 15050

2. Gap down
first possible resistance 14810
second 14740
third 14655
fourth 14535

3.flat opening
14850 is a crucial level to watch

This is an educational analysis no call is related to it.

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