Day: December 6, 2019

NIFTY HOLDING 11990 CAN BOUNCE TOWARDS 12040-12080 LEVELS. ONLY BELOW 11990 CAN SEE 11965-11940-11905-11880 LEVELS.

WEEKLY CLOSING BELOW 11940 CAN SEE FALL TOWARDS 11700 LEVELS.

WEEKLY CLOSING ABOVE 12080 CAN SEE UP MOVE TOWARDS 12150-12200 LEVELS.

SUPPORT: 11990-11965-11935-11905-11881-11850-11825.

RESISTANCE: 12033-12055-12080-12100-12115-12135.

NIFTY OPTION FOR 06/12/2019:

BUY 12K CE 12 DEC@92+ STOP 72 TGT 103-109-117-127-139-150.

BUY 12050 PE 12 DEC @90 STOP 77 TGT 100-112-118-129-140-158.

HOLDING 12050 PE STOP 65.

PE TO BUY BELOW 11990 NS, CE ABOVE 12046 NS.

BANK NIFTY FAILED TO MOVE ABOVE 32160 AND WE SAW CLOSED NEAR 31700 LEVELS. HOLDING BELOW 31800 CAN SEE 31585 AND BELOW THAT 31340 & 31296 LEVELS. ONLY ABOVE 31840 CAN SEE 32K-32100 LEVELS.

WEEKLY CLOSING BELOW 31444 CAN SEE 31000-30500 LEVELS IN COMING WEEKS. WEEKLY CLOSING ABOVE 32050 CAN SEE 32500 LEVELS IN COMING WEEKS.

SUPPORT: 31630-31585-31500-31444-31340-31296-31198-31030-31000.

RESISTANCE: 31840-31980-32070-32100-32150-32200-32270.

BANK NIFTY OPTION FOR 06/12/2019:

BUY 31800 CE 12 DEC@272+ STOP 230 TGT 295-317-335-360-400-435-500.

BUY 31500 PE 12 DEC@202+ STOP 172 TGT 218-227-248-277-300-330-400.

HOLDING 31500 PE STOP 145.

PE TO BUY BELOW 31650 BNS, CE ABOVE 31815 BNS.