GOPISRI

Midcap Nifty Expiry Day trades - 13/5/24

NSE:NIFTY_MID_SELECT   Nifty MidCap Select Index
Hello Everyone. The market was in a bullish mode today. As per the US market it looks like a gap down opening tomorrow. If you made profits today then its better not to trade tomorrow as premiums are high and operators will try to get traders SL throughout the day. 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 30 points as we are getting very few trending moves.
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