We have stated many times, in highly volatile situations, always take hedged trades. But people are ready to treat markets as a casino. Looks like a lot of free money in their family. Some dip was expected and it came at the end of the day. The US election is an event that can have some effect on market moves in the coming days.
Nifty. Support for the index is placed at 18050 and resistance at 18220. Today being expiry, we will see good moves in both sides.
BankNifty. Made its ATH and then retraced. It is the common technical phenomenon of a breakout, then retracement, consolidation, and then the real unmove The overall trend is bullish. The support is placed at 41500 and resistance at 42000. The day should end within this range.
Nifty. Support for the index is placed at 18050 and resistance at 18220. Today being expiry, we will see good moves in both sides.
BankNifty. Made its ATH and then retraced. It is the common technical phenomenon of a breakout, then retracement, consolidation, and then the real unmove The overall trend is bullish. The support is placed at 41500 and resistance at 42000. The day should end within this range.
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