Tuesday 6 June 2017

MARKET VIEW 7/6/17 - MONETARY POLICY DAY

Nifty Future ended with -20 over previous day whereas BNF ended flat.

There are more chances of BNF visiting 23000 level and upside is limited due to events lined up  during this week. SInce 23785 has already been achieved though a punch during the opening trade on 6/6/17, the up move is capped.

Trade tip; Buying 22500 Put of June expiry is prudent as more events are lined up duing this month and this month expiry has a long way to go.


1 comment:

  1. Sir, Please enlighten us on NIFTY JUN 29 FUT too.Why it is claiming too much premium when it was below normal recently?

    ReplyDelete

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