Sunday 11 June 2017

MARKET VIEW 12/6/17

Nifty and Bank Nifty future have already achieved the intermittent target and the current phase is profit booking / consolidation.

The dips in Nifty is expected to be around 9569. This dip should be used to enter for a long upto 9700 by the end of this expiry.

Bank Nifty also likely to reach  23108 before a big leap towards 24000.

Puts are likely to shine. 23400 15th June expiry put around 45 for target 81/92.

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