Nifty Option Trading Tips which gets You Money

USA mkt interpreted negative retail sales data as negative, else earlier they used to consider it opposite. So bad news is bad now.

Nifty Option Trading Tips

Nifty Spot View: 16/12/2022
Cmp: 18414.90
Support & Downside Range: 18345—18299 zone, 18245--18160
Resistance & Upside Range: 18450—18505—18541--18592
Short Term Trend Reversal Level: -- 18697
Trading View: after yesterday's sell off today key level to watch is 18345—18299 spot zone if this level holds than we may see a pullback upside minimum 18450-18505 zone if bulls are active and alive they today they need a worst case close at or above 18541 spot levels whereas downside if we unable to hold 18345—18299 spot zone than we are heading downside towards 18245—18160 spot levels minimum.

The most feared economic warning signal in the world is the “Inverted Yield Curve” that forecasts financial recessions. It’s also famous for forecasting severe food crises – from crop shortages to crippling high prices and deadly famines. So, remember to follow the inverted yield curve to stay ahead of the crowd.

FII & DII DATA

FII Net SELL - 710.74cr

DII Net BUY - 260.92cr

Today 4 types of options expire and that's why today is called Triple Witching Day (It should be Quadruple Witching Day, but nobody really calls it this way).

💡Triple witching day occurs every 3rd Friday of every 3rd month (January, March, June, September, and December).

💡Markets get usually heavily manipulated by big guys who want to drive the price where it most suits their expiring options.

💡Because of the heavy manipulation, it is best for us "small fish" not to trade at all today.

Make use of our Nifty Option Trading Tips and start living your high rich life with extra profit generated.

Alert: today's low is important support for the Nifty, if it is not broken then we can expect a recovery towards 18430/18500. Below 18270, 18130-1080 will be the next major support area.

Domestic cyclicals including financials, cement and construction stocks present better prospects in the coming year to be considered for investment as a systematic investment plan.

Euro Area Posts Trade Deficit in October The Euro Area recorded a trade deficit of EUR 26.5 billion in October of 2022, the 12th consecutive gap, amid rising energy prices. Imports surged by 30.7% to EUR 279.3 billion, while exports expanded at a softer 18% to EUR 252.8 billion. Considering January to October, the trade gap was EUR 291.8 billion, compared to the EUR 129.3 billion surplus in the corresponding period of the previous year. The European Union posted a trade deficit of EUR 395.3 billion in the first ten months of the year, compared to a surplus of EUR 80.1 billion in 2021. Imports rose by 47.7% to EUR 2,511.1 billion, led by a 137.2% surge for energy products.

Jefferies on Shriram Transport

Hold, TP Rs 1365.

Revise FY23-25 EPS by -4%/4% factoring in merger

Believe AUM should grow at 15% CAGR over FY23-25e, but with some NIM pressure, Shriram should deliver moderate 13% EPS CAGR & 14% ROE over FY23-25e Risk-Supply from large non-promoter

IPO Update

2000 crore worth of IPOs to hit Dalal Street next week, In December, the fundraising, including the two upcoming IPOs of KFin Technologies and Elin Electronics, will be a little more than Rs 3,800 crore