Today we could see a good rebound in Nifty and Bank Nifty and both are very close to safe Zone from where bullish trend begins. Credit goes to Dow Jones which guided our market to close above 9850.
The main component of Nifty, bank nifty is well above the trend deciding level. Nifty will pick the mood from BNF and tomorrow we can see further momentum.
Nifty above 9920 looks bullish and BNF above 24478. Be long as long as these numbers are not breached.
Tip: Buy Month end call of BNF - 25000 CE- for decent returns. Minimum Double.
Happy Trading!!
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