End of the Day Analysis: Nifty50👀
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1. After Gap Down Opening of around 149 points, selling has been seen till 11:15 AM , took support at 16980 , but not a trending move.📉
2. After 11:15 AM , Recovery is there in nifty till 17170.📈
3.After a recovery , again selling was seen in nifty till the day low , i.e. , 16980 & closed at 17016.📉
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Trade Summary:-
After Opening, Put/PE trade can be taken after break of 1st 5 min candle range ,i.e., 17082 & book profit at 16980(around 50 points in options).
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Note : Not a trendling day for option buyers😶😒
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Price Action Analysis❤️
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Hope you all have enjoyed
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