
Ujjwal Kumar Jha
February 2, 2025 at 02:56 PM
*Market Outlook for 3rd February*
#nifty(spot)
📌 Flat opening, first entry level above 23560 for the tgt of 23630.
Once it crosses above 23630 it can touch 23760-23800.
📌 Anything below 23430 weakness start and below 23400 it can drag upto 23280 or even more panic.
#banknifty(spot)
CE writing @50000(Short covering possible abv)
PE writing @49000(Long unwind possible below)
For Intraday basis we can take a chance
📌Above 49700 upto 49900-50000 zone.
📌Below 49300 upto 49000
or more panic.