Wednesday, 12 July 2017

MARKET TREND 13/07/2017

Today has been a break out day for nifty as well as bank nifty. The indexes have closed at day high indicating a sharp gap up tomorrow.

If for any reason if the index reverses one should wait for bnf to settle down and take long position.

Since tomorrow is expiry day it is suggested to take OTM option   of 23800 CE below 5.00. for big gains. No need to chase the Call options as market will definitely give enough opportunity to enter in to the position.

It is worth taking risk for Rs 1000 on the call option. DO remember this is a pure gamble.

Happy Trading!!!

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