A preliminary analysis of early market indicators, particularly the negative performance of GIFT Nifty and global market cues, indicates a bearish outlook for Friday the 13th, hinting at a significant decline in the market. It is recommended to consider a strategy that involves selling Nifty and Bank Nifty positions. This downturn can be attributed to six key negative factors, which include Infosys's weak guidance and rising geopolitical tensions. Examination of Nifty's options data reveals a specific trading range, with 20,000 serving as a notable resistance level. In these uncertain times, it is essential to adhere to seven fundamental trading rules. it is advisable to maintain a cautious optimism, with the consideration of aggressive long positions only if Nifty manages to surpass the critical level of 19,889.

 


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