Monday 18 September 2017

MARKET TREND 19.09.2017

Nifty futures today opened with a gap up of more than 80 points and all the gains were retained till the end of the day there by showing high resilience.  The Auto sector led the rally with some more addition to nifty from L&T, DRReddy and VEDL.

Today's gain displayed the overall strength across the sectors. There could be still more gains in the coming days.  

Our Positional call has been closed today around 115 and the over all gain was 85%. The entry price was 62 on Friday and exit price today 115.  It almost got doubled. My heartiest congratulations to all who believed in the market and booked handsome profit.

Those who missed must wait for the trend to change. Every month it occurs. One should not regret for such a miss. Market is going to remain for ever.

Nifty Future likely to face some resistance between 10200-230. Support at 10132.

Bank Nifty Future resistance at 25088/25260. Support at 24935.

Be on the long side and enjoy the rain of profits!!






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