NOTE: FOR LEARNING PURPOSE ONLY.
3 Possibilities -
1) Nifty can try to catch 12000 once again. 12025 is strong resistance. Rejection from there can lead to short trade while if Nifty sustains above 12025 then we can see strong momentum. Will create bear put spread.
2) Breakdown of inclining trendline - If broken and sustain below trendline then we can see 11650 levels within next week. Will create bear put spread.
3) Near 11650 nifty may see some support and pull back is expected. Will creatE bull call spread.
3 Possibilities -
1) Nifty can try to catch 12000 once again. 12025 is strong resistance. Rejection from there can lead to short trade while if Nifty sustains above 12025 then we can see strong momentum. Will create bear put spread.
2) Breakdown of inclining trendline - If broken and sustain below trendline then we can see 11650 levels within next week. Will create bear put spread.
3) Near 11650 nifty may see some support and pull back is expected. Will creatE bull call spread.