Nifty Trading Levels on First day of Weekly Expiry

Adani problem continues. So avoid trading with large position. CITIGROUP has stopped accepting it's bonds as collaterals. 

Capture your profit and move out

Sanity will come to mkt on Monday due to additional surveillance measures on Adani stocks

Nifty Spot View: 04/02/2023

Cmp: 17610.40

Support & Downside Range: 17568—17490--17353

Resistance & Upside Range: 17650—17700 zone, 17781—17840--17913

Short Term Trend Reversal Level: -- 18265

Trading View: In today's last session of the week key level to watch is 17568 spot levels till the time nifty trades above this levels bulls have a chance to come back strongly and move upside towards minimum 17700 to 17781 spot levels whereas if nifty slips below 17568 than we may see range bound market ahead of weekends.

Expect heavy premium decay on both sides. Better avoid trading today.

Make money using our Nifty trading levels on a daily basis.

NIFTY near 17300 is a good buying Zone. But risk of break looms. So Bull Call Spreads or Put Spreads. Sell aggressively below 17500

Worth going through this video on Adani. 

Nifty live update cmp 17600 downside 17582—17572—17540 are intraday big big momdad support ahead of weekends if this holds and nifty manage to cross 17660 spot later in the day then we have chance to get today's close at or above day's high which is 17730 spot levels whereas if we breaks and slip below 17540 spot then entire structure in nifty turns more complex and clue less.

Adani Enterprises

Block Deal of 300,001 shares at 1330.50 worth 39.51 crore rupees Big Block of 792,490 shares at 1174 worth 93.10 crore rupees

Adani Enterprises

Block Deal of 250,407 shares at 1174 worth 29.39 crore rupees

Nifty live update as per options data if nifty manage to break and sustain above 17730 by or before 2pm today then it has a strong chance to give good short covering move till 17840 to 17915 today it self let see cmp 17717