Nifty on Weekly Expiry | Movement in Banknifty | Daily Market Analysis by Option Gurukul 07 Nov 2024
As we approach the weekly expiry on November 7, 2024, Nifty reacted to US election results. Bank Nifty Movement is expected post the muted day yesterday.
With a high open interest concentration around key strikes, options traders should anticipate potential spikes near these levels as the expiry approaches.
Traders should watch for support and resistance levels in banking stocks, as any sudden breakout could impact the index’s direction.
Learn to be a Pro-trader with https://www.OptionGurukul.com/blog/
Build Wealth efficiently by joining Alfinia Millionaires Club as a Wise Investor with https://www.Alfinia.com
Share questions and comments below, OR write to gurukuloption@gmail.com
