Friday 30 June 2017

MARKET TREND 03/07/2017

Nifty Future and BNF closed at day high on 30/6/2017 recovering all the losses.   It all looks like gearing up for a good sentiment on GST implementation which is historic.

Both the index had a good bounce back and looks to open positive on 3rd July 2017. Nifty likely to have a rally of 60+ points while BNF may be 150+.

Since 10 out of 12 banking stocks are already in positional sell it is better to trade with caution.

Trading tips: Buy 23000 PE Jul 6 Expiry around 18-20 for target 50-55.

Best of Luck!!


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