* Nifty 50 is currently in a bearish trend. * If the market breaks below 19400, further downside is possible, down to 19200. * On the upside, resistance is seen at 19500/19600.
**Conclusion:**
Traders should be cautious about buying options in Nifty 50, as the market is in a bearish trend. If the market breaks below 19400, traders should look to sell short.
**Additional Notes:**
* It is important to note that technical analysis is not a perfect predictor of future market movements. Traders should always use risk management techniques when trading. * It is also important to consider other factors, such as fundamental and macroeconomic data, when making trading decisions. * Since Nifty 50 is expiring tomorrow, traders should be extra cautious and avoid holding any losing trades.
**Disclaimer:**
This is not financial advice. Please do your own research before making any trading decisions.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.