Midcap nifty select trades and targets - 18/10/24
Hello Everyone. The market was in a bearish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 20 points as we are getting very few trending moves.
Nota
Guys there is a lot of difference in premiums, even when the market going up till PE side premiums are not reducing and the opposite happening in CE premiums. Wait for a bigger time frame breakout or sit idle but do not trade as of now. Will update once the market premiums settle in the right direction. 
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