Breakdown in Nifty & Banknifty | Trading Strategies for Weak Markets | Daily Market Analysis Option Gurukul 13 Nov 2024

Breakdown in Nifty & Banknifty | Trading Strategies for Weak Markets | Daily Market Analysis Option Gurukul 13 Nov 2024

Despite a global rally, Indian markets failed to keep pace due to domestic challenges. Both Nifty and Bank Nifty show weakness around critical breakout levels.

Can we see new lows? In this bearish phase, traders might consider defensive option strategies like bear spreads or protective puts. Staying hedged and focusing on quality stocks can help manage risk in the volatile landscape.

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India Financial Journey 2047: https://alfinia.com/2024/11/11/indias-financial-journey-to-2047-insights-from-the-cpai-convention-2024/

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