Midcap nifty select trades and targets - 24/2/25

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Look for upside moves at resistance and downside moves at support. We have to look at previous market trend and decide which side trades to take at the start of the day. Do not go for trend opposite trades, you will end up seeing losses. If we do trades in between these zones premium eating will happen and we end up seeing losses. Book profits every 30 points as we are getting very few trending moves. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades.

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