Nifty Expiry - Updates

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Posted at 9:15 AM

Not a sebi registered analyst, and these are just my thoughts on how the markets are moving. Use your judgement.

Markets opening gap down at 19463

Choice 1 - An up move first, followed by a drop - fill the gap, and move till 19570-19587, and fall

Choice 2 - Fall from day's open

I think it's choice 1.

Careful before shorting.
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19500 calls look irresistable..
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fill the gap - i think i need to explain this. i know this is not a gap down opening technically. i meant the gap from yesterday's close. hope it clears.
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Leechers ..no likes..no updates..
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Got one like..not happy. But sharing my thoughts for Lalith's efforts.

Updated View -

Short below 19500. Targets 19464, 19430, and most probably, yesterday's low
Long above 19500. Targets - yesterday's close, 19548, 19564

Might see some weakness..so careful before taking a long now.

Need 3 more like for next update.
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Gentlemen - thanks for the likes!

10:31AM
Nifty@19483

Sell on rise - keep a strict stop loss of 19510.

And look for bounce back around 19430-19440. There may be some drama at these levels. So, be patient. Try to go long only above 19450, and keep a strict stop loss of 19438.

Good luck.
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Updated at 10:38AM

Also, we've 5 more hours of trading left for the day. So, be patient, take short profits.
Take breaks in between, sit and watch the moves or smtg else entirely, spend time with your family. Come back.
The market always gives opportunities, all you need is to have capital - so safeguard it.

I can visualize the whole play for today day, can see when i'm getting wrong. but even i fail to time it properly.
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So far, the index hasn't shown much strength..yet.

No likes..No updates..need more guys
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