Nifty and Bank Nifty both managed to close at a comfortable level on the eve of expiry day.
Nifty face tough resistance at 9633 & 9649. Surpassing these will lead to 9715.
Bank Nifty future closed above 23300 giving a clear trend that bulls are having upper hand. A stiff resistance at 23342 is seen. Close above indicates a further move towards 23790.
Trading tip: Go with the trend. Take 2 lots of 23500 @ 5.00 and 23600 @ 2.50. 5 lots of 23700 @ 1.50 and 15 lots of 20800 @ 0.15. Try your luck. All these investments will be under Rs 1000.
Happy trading!!
Nifty face tough resistance at 9633 & 9649. Surpassing these will lead to 9715.
Bank Nifty future closed above 23300 giving a clear trend that bulls are having upper hand. A stiff resistance at 23342 is seen. Close above indicates a further move towards 23790.
Trading tip: Go with the trend. Take 2 lots of 23500 @ 5.00 and 23600 @ 2.50. 5 lots of 23700 @ 1.50 and 15 lots of 20800 @ 0.15. Try your luck. All these investments will be under Rs 1000.
Happy trading!!
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