4500-4530 is key suppory for nifty .

rajsumi121

Well-Known Member
#1
Hi friends .

Market mood big confusion in retail investors mind even big technical players , small players , bif hedge funds manegers , and learners ( like me ) is also very much confuse to analyze market mood
from last week specialy big events like budget is center of our attractions and will deciede market mood for coming months .

But a millian doller question is wt will gonna happen after budget and till budget .???.. 90-95 % traders like me dont know how we trade index and stocks .. Long/short ?????????????

My view but i am trying here to give my view to my friends . Watch 15300-15500 area with eagle eyes on sensex and 4500-4600 area in nifty if we manage to sustain this area in coming trading sessions till budget on closing basis then we can see new 2010 high in march +april.

But if not and close below 4500 ( nifty ) for twice + weekly close then be ready for levels like 4350- 3950 oe even below that . Means 4500-4600 is very important levels for nifty .

My trading idea 1 day before rail budget = buy 100 points otm call nifty ( march ) + buy 100 points otm put ( march )at once with stoploss of 20 % below your buying price for the target of 50-100 % +++ .

Above written views are my personal views and it may be 100 % wrong please trade at your own risk and after complete reasearch . Trade at your own risk only as i am just sharing my views with you so i am not reponsible for any loss or profit . Thanks and wish you a very profitable and safe trading days haead .

Note= my last suggestion = dont play naked ( only long or only short ) in budgets days . Hedge your position to avoid huge loss and please dont play for rumours .
 

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