Thursday, 1 June 2017

Market View 2/6/17

On the expiry day both nifty and bank nifty did not show much movement ahead of RBI Policy due next week.

Both Calls and Puts in BNF were disappointed with a range bound move in BNF.

Technical: Intra day
Nifty faces resistance at 9635-41-52 and support at 9623-13-07-9596.
Bank Nifty faces  resistance at 23311-342-392 and support at 23211-180-130.

Big moves on the upside is not expected till Tuesday.

Happy Trading

Future Scrips: Watch Coal India and Reliance tomorrow.  Buy or Sell?

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