2021-10-01 06:14:16
Nifty 17618
SGX indicating -155 pts today as of now.
Important support area near 17525 - 17250 - 16900 - 16600
This 4 are very important support area for Nifty.
Opening likely to be below 17525
Below that mkt may get very weak.
If today's closing is below 17500-17525 range then bulls need to be cautious for next week.
By any chance if Nifty crosses 17525 and closes above that then could see rally till 17620-17700+ in 2-3 days.
Better be watch dog here for next 3-5 days.
Small traders may go for break for 2-4 days.
Option premium being too too costly as of now.
Trading at this premium will be highly risky, let us get trend confirmation &/or some important support or resistance level.
371 viewsViru 007, 03:14