NSE 50_Long Nifty 50

5 พ.ย.

Hi traders,

Currently Nifty 50 trading Above Support Zone Above 24k which 24213.

Pros:- Inside Candle @ Support Area which took nifty almost 350 points above from Intraday low.
:- Positive news of US elections of Trump comeback.
:- Major Financial and Metal sector contributing for Nifty Rally.
:- Go long In Dec-2024 futures & Options of Nov-2024 until opportunity gives at 24k Zone.
:- Transaction data showing positive data before elections with irrespective of Election
result in US.
:- Nifty fell almost2k points from All time highs.
:- Minimal Risk margin.
:- Index recovered from Q2 opening price.
:- RSI indicator rose above 30 which gives add on advantage.

cons:- Anything may happen in Election results.

Happy Trading!!Only for educational purpose.