Nifty is spending time in a range since 2-3 days.
Option buyers are finding difficulties to make money.
According to Option data build ups tomorrow's market is expected to be in a range till afternoon 1 pm, let's see how it goes.
Nifty : 19320 will be the deciding level for tomorrow if breaks upside go for buying for the target of 19400 and if breaks down can go for selling for the target of 19250 but 19300 can still work as a support so use price action and trade properly.
Banknifty : 44500 is a good support so if holds this Banknifty can see a good upmove till 44700 and if breaks 44450 downside can see the downside momentum of 44300 & 44200 respectively.
Tomorrow will be a good opportunity for option sellers, market is not ready to break the resistance & support it's playing the range between 19300-19400 which can be a good chance to make money for option sellers.
Bond yeilds are down, Crude oil prices are neutral and Indian rupee is also a little strong - which is a good thing for INDIAN MARKET, I am expecting a upmove, let's see.
RUTUJA SHINDE, PUNE 📈
(The above information is for educational purpose only)
