Caution Ahead For Indian Stock Markets

good to go up again, which seems unlikely. Let’s see what happens with the upcoming elections and the pre-election political dramas and kind of persisting uncertainty and how the markets behave against it. We advice to buy put options for January series with near strike price.

As you can see in the given daily chart, the index is near its short term 34, 55 EMA used for trading forecasting as well as the more longer term 100 and 200 daily moving averages as well.

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