Stock Market By Rijo

Reasonable support on Nifty now. Let's see on Monday

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Today for I gave a buy call for ioc to my clients. Although the profit was only ₹1. I am looking on this chart to check if it go more upside.
Keeping a stop @132 let's see if it hit 140 by next trades.

Let's watch

I am going for a risky trade.
BNK nifty CE buy @55700. Sl 55300
Target 56300.
Waiting for the price to reach buy
Fingers crossed 🤞

Going for a sell bnk nifty at 55200. Intraday target 54800 sl 55700.
🙏🙏🙏

You can see a triangle shade where I marked nifty recent days activity.
So I assume that the nifty need a good buy to move above 24250 for a uptrend move.
Whereas down side 23850 will act as a support.
As long as market is confused you can buy nifty at high an sell at support. Or buy at support and sell at 24250.
Let's see

Just gone through the chart of bank nifty.
There is a resistance working at 56300.
Just draw two lines to see the force of movement.

Downside fall towards 53400.
Anyways the stoploss will be at 56300.
There is a chance of break down as I am watching trump new comments.

This is a chain of action and reaction of how a single commodity can impact your life