Today's Market Outlook - 30 Dec 2024

The broader index Nifty_50 has been trading in a very tight range from the last 4 trading sessions. After 4 days of consolidation, we expect the price to move in one direction (either upside or downside) We expect a trending day today. good RR trades can be initiated at below given demand supply zones Zone 1 : 24065-24031 Zoen 2 : 23938-23923 Zone 3 : 23813-23801 Zone 4 : 23574-23537 How to use these Zones ? 1 - When the price comes from above to any zone, then go long with SL being below the zone and target is the next zone upwards. 2- When the price comes from below to any zone, then go short with SL being above the zone and target is the next zone downwards. Sectors and Stocks to focus : 1. Alcohol sector -

2. Abrasives - 3. Paper - Note : Please make sure to follow risk management while trading and investing