Today Nifty future and BNF opened gap down but market witnessed strong support for Nifty Future at 10070 and in the a very speedy rally was seen up to 10132 but it fizzled out to end below 10100. the trend is intact and still there are chances for surpassing previous high if the global cues support our market.
The 10100 CE was advised as a positional buy around 60-62 and it gave 30% returns today itself. My congrats to our member Shri Uma who did enter at 62 and exit above 82 today!
Do not get disturbed by the war threat by a rogue nation called North Korea and this will be dealt with due military reply by stronger nations next week.
All is well that ends well!
One surprise for the investors is that why our market is not falling sharply even in the mid of such war threats?
The answer is international market cannot bend and be afraid of such utter senseless act of one rogue nation and it has to be dealt with in a stronger way. Let us see how things shape up next week!
Nifty Future Support 10080/9940 and resistance seen at 10123. If 10123 is broken we can see NF breaking previous high. If 10080 is breached then there are chances of touching 9940.
Bank Nifty Future Support 24826/771/683. Resistance 24898/935/25008.
Next week is very crucial and it is strongly advised not to carry over heavy positions.
Happy Trading!!
Thank you, thank you, thank you very much sir.....i belive and i feel i have come corret place and person.. god gives you to me...thanks god lot. my all victory it is not mine....it is reason you...you said and i did sir...you are my guruji sir........thank you....
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