Please remember that going forward, Nifty is likely to find support around 10550 approx. The nearest upside target for the index is around 10690 approx. However, if Nifty trades below yesterday’s low of 10500 approx, it will scale down to 10431 approx. On the other hand, if Nifty trades above 10706 approx, it will scale up to 10750 approx. Please check our daily intraday tip to get benefit as our clients make money irrespective of the direction of the market. Do not get panicked in the market and just remember that all those who have entered in market 6 months before elections have majority of the times benefitted.
Have a look at Option chart of Nifty which will show clear picture as you can see at which all strikes maximum selling is being witnessed.
Do not get panicked in the market and just remember that all those who have entered in market 6 months before elections have majority of the times benefitted.