Nifty 12-09-2024 expiry

12 sept

Pre open 25059 141 points gap up sign bullish

Resistance 25100 R2 25150 downside R3 25000 results forming a stable 3 line resistance.
Support 25000 S2 24800 S3 24700 downside


RSI 61 expecting 60 rsi reversal to bounce to 84 range.

10% sl

12 sept

Nota

Note for Self: The TBQ hovering highest at 25100(56453350) & 25200 (60785300) and LTP atm was 50+ on positive side which was unusual for an expiry & DOWNWARD side was also at higher the premium.

This can be a trigger that one good move can come on the either side. Since, market stood positive. Good push came on the side with help of reliance Bharti airtel, Hdfc bank Icici bank and LT.( CHECK OUT OC AT 10 AM AND AT 1:50 PM then 2:03 pm DAta to clarify). Nothing changes no selling happened.

so another research is required for :SPIKE DAYS AND OC buyers data or spike down and OC negative side data.

12 sept

Nota

another study to be done on Correlation between pre-open and midday performance of indices.