NIFTY has formed Bearish Doji pattern after hitting the big round Number 9500. As expected in such situations when price hit such obvious psychological levels we will see a lot of Profit Booking.

Doji means the market is clueless right now
doji-stars1.jpgImage Courtesy  https://www.tradersdna.com/
Learn all about Doji Here  

Also  GST prices and a lot of Results were being announced which added to the volatility.

The momentum of the Index is extremely bullish

EMA 20 & 50 Stay wide apart and bullish

OPTION STRATEGY :  Bullish or Volatility Based Strategies would work great also end of the month premiums are going to be low so Debit Based strategies would give a better Risk- Reward ratio

Next Support : 9270  Next Resistance: 9541

LEARN HOW TO TRADE THE STOCK MARKET USING THE MAJOR CANDLESTICK SIGNALS
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