$ For The Trade $

Godrej Properties shares rise 2% as Jefferies says 'buy', sees 35% upside

lets see what happens in the market today

PCR is 0.75 at ATM and 0.8 overall which is neutral but yesterday too many calls are added on 24700 strike which shows market will not go up

For this expiry call OI is increased at 24700 which will act as a resistance and no support below 24500

Nifty is taking a pause on these levels, if nifty crosses 24800 then it can go higher until there are chances it can remain sideways to bearish.

As shared in the morning, market consolidated with bearish bias not bullish bias and whole day there was a smooth movement in the indices.

Yesterday nifty closed in red with -0.24% and bank nifty close -0.19%.

Good morning, all

let's see what happens in the market today

banking and IT stocks are bullish, keep eye on them how they act today

PCR is 0.7 5 at ATM and 0.9 overall which is neutral to bullish

Support is 24500, and resistance is at 25000

Nifty might be consolidating today also with some positive bias.

NIFTY ANALYSIS

Nifty and bank nifty consolidated and on Friday and there was some bearish bias in the market

Good morning, all

Monday is here!!! The market is ready with the bullish 📈 & bearish 📉 sectors of the day! Give us a thumbs up if Monday excites you!👍❤️

💫 Market Metrics: Weekly Roundup ⭐ Sensex: 81,709.12 ⬇️ ⭐ Nifty 50: 24,677.80 ⬇️ ⭐ Nifty Bank: 53,509.50 ⬇️ ⭐ Nifty Smallcap 100: 19,492.10 ⬆️ ⭐ Nifty Midcap 100: 58,705.60 ⬆️ ✨ Market Performance Key Takeaways For The Week 🌟 The markets witnessed a remarkable week as bulls appeared to have returned and the benchmark index decisively surpassed the resistance zone with Nifty 50 surging over 2.20 percent to close above the 24670 zone. 🌟 While the market sentiment has clearly turned bullish, 24500 now serves as the intermediate support zone and sacrosanct support zone is expected in the 24350-24250 zone. The resistance is expected at 24800 followed by formidable resistance at 25000-25100. 🌟 The market participants are advised to avoid over-aggressive approach and wait for dips, which for now appears a prudent strategy. Also, the traders should stay aware about global developments and be selective with stock preferences. 🌟 BANKNIFTY concluded the week on a strong note, gaining nearly 3% and closing above the 53500 mark. While the broader outlook appears bullish, 53900-54000band is crucial for the next directional move. The immediate support is expected around the 52950-52900zone and strong support is expected at 52750-52500, while 53900-54000 is expected to serve as a key resistance zone followed by the all-time high zone 54300. …………………………………………………………………………………………………………………………………………………….. ✨ News Highlights For The Week 🌟 RBI supports growth with liquidity boost but holds rates amid high inflation 🌟 Benchmarks rally on RBI policy hopes 🌟 Vishal Mega Mart sets IPO price band at Rs 74-78, which opens on December 11 🌟 Vi plans to raise Rs 2K crore; may use funds to repay Indus debt 🌟 Industry bodies express concerns over proposed GST hike ————————x——————— Disclaimer: https://bit.ly/3usSGoH  Sources: Angel One Research | Reuters | FE | ET | FE | BL | Date: December 6, 2024 -x-x-x-x-x-x-x-x-x-x-x-x-x-x-x-x-x