Nity and Bank Nifty followed a similar close like last Friday. Both are in buy mode. While NF is totally in a bullish mode BNF is yet to come out of hurdle.
Nifty futures is on the break out and do not short NF. Buy 9700CE at 52 for TR 77/80.
Bank Nifty Future can move up to 23470 /23520. Buy 23500 CE around 38.50 for TR 110.00 SL 25.00.
If by any reason we find NF and BNF trading at low levels and as long as NF does not break 9593 and BNF does not go below 23100, one should remain long in this market.
Best of Luck!!
Nifty futures is on the break out and do not short NF. Buy 9700CE at 52 for TR 77/80.
Bank Nifty Future can move up to 23470 /23520. Buy 23500 CE around 38.50 for TR 110.00 SL 25.00.
If by any reason we find NF and BNF trading at low levels and as long as NF does not break 9593 and BNF does not go below 23100, one should remain long in this market.
Best of Luck!!
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