Monday, 17 July 2017

MARKET TREND 18/07/2017

Bank Nifty Future has closed at 24040 and Nifty Future at 9933.80.

5 out of 12 bank nifty scrips are in break out mode. These will enable BNF to clinch 24500 with comfort.

Bank Nifty Future : support 24004/23962/23904  Resistance : 24071

Nifty Future : Support 9922/9907/9897  Resistance 9935.

If anyone wants to make money out of option, can buy 24000 CE of  July month at CMP with SL 180 and hold with a trailing SL as BNF likely to start rally.

Happy Trading!!!

4 comments:

  1. Sir So far the activities of bulls across spot and f&o It seems it is near impossible to achieve 10K mark before July expiry.Please tell us few thoughts on it.

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  2. Your 24000 CE BNF just rocket today.Congratulation!!!!

    ReplyDelete
  3. This comment has been removed by the author.

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  4. Yes. 24000 CE has given the returns.

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