?? Expiry Day Insights: Stay Alert, Trade Smart...
?? Good Morning.....
NIFTY Status
Last session's
● Opening: -61 points GAP DOWN @23822
● Closing: 23559
Today's
● Expected Opening: FLAT to GAP DOWN
● As per Current Data Opening range: In Crucial zone
● Today`s Probable max trading range: 23253-23808
As per Option Chain Data
Support Zones
● 1st: 23422 - 23368
● 2nd: 23311 - 23253
● 3rd: 23187 - 23127
● 4th: 23075 - 23019
● 5th: 22970 - 22872
Resistance Zones
● 1st: 23576 - 23623
● 2nd: 23672 - 23720
● 3rd: 23764 - 23808
● 4th: 23860 - 23903
Crucial Zone
● 23475 - 23528
Notes
● For long-term investors, it’s the perfect time to uncover stocks with strong value potential.
● Finding undervalued stocks now could set the foundation for substantial growth over time.
For traders-
● Remember, today is Thursday i.e. weekly expiry day.
● Keep eye on formation and shifting of support and resistance.
● Keep eye on Implied Volatility also.
● Don't trade blindly.
● If you don't understand the direction , it will be always better to do not trade.
● Always enter in trade with calculated stop-loss and calculated target.
● Wait for your values to enter in trade.
● Be dynamic and aligned with market direction.
Wishing You a Profitable Day.....