Happy New Year Friends and wish you all Trading Success
On 29th December 22 Clearing day would have said Markets will return Hero ya zero on the call side and put side too. Also would have said expect Assymmetrical trade opportunity on the call side - 43000 ce returned 45 x low was 6 and high 262 !!
Today its first trading day of the new year 2023 and this year promises to be one of the best for the traders.
Nifty levels - immediate support 18018 Lakshman rekha at 17975 closing basis sl.
Targets are 18133-18145 0.50 tare level
target 2 18235
target 3 18324
target 4 18471
for any further positional bullishness nifty spot should close above 18471.
Without FII participation liquidity is low and daily volatility is squeezing too - but its the relative volatility that stops out the traders.
Hence it is most important to wait patiently for the levels then look at the indicators and take position for success.
Remember to trade with the edge and at the edge.
Learn, earn, implement and succeed.
Together we will meet on top soon..
Once again wishes for the best profitable year ahead.

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