Friday, December 8, 2017

MARKET UPDATE

Market up dated.....

after sharp down side market was taken support nearly 10000 mark where as highest put based and u turn seen and now trading nearly 10260 in spot.  www.3mteam.in

chart pattern are indicate  time being bottom have been established till not break 10033 mark.

On the other hand we are going to event  i.e. Gujarat Eelection.

www.3mteam.in

1. As market turned bullish but next week  11 to 14th December some profit booking at higher level can not be ruled out and advise to low volume trade.   However, any weakness and sharp dip to best opportunity to long side.

2, On 15th December  time to good movement in the market and time to aggressive long side whereas the Exit Poll result out and chances of BJP will come into power.

3.  On 18th December, we expect big rally in the market if BJP come into power.......

4.  If any disappointment  chances of some correction in market which is decent opportunity to long lside but chances of out of power BJP is very remote.

5,  Smart traders can can take big position by way of  Nifty Call and Put option looking to event.
They can buy 10300 call and 10000 put......
Once get direction, they can exit one side.


Research Deptt.
www.3mteam.in

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