Trade Setup for Oct 9

Markets set for a cautious start due to negative global cues and weak commodity trade Traders turned bullish on Nifty with addition of long futures and bullish option spreads Traders betting for breakout towards 10100 but still see limited upside. Participation from Bank Nifty is still needed for large upside on Nifty Nifty support 9800,…

Trade Setup for Oct 6

Net Bullish positions added in Nifty futures and options yesterday Market breadth and volumes were positive, action is in midcaps and smallcaps Traders are deploying strategies for breakout in the result season 9800 Put and 10100 call currently qualify for Strangle Strategy Nifty support 9700,9820 and resistance at 9950 Bank Nifty support 23800 resistance at…