Even in my yesterday's posting I have given the trend for today as narrow. The technical levels speak. FOMC meeting and Korea news follows technical. Nobody would have given such a accurate level. Those expecting a big move has been disappointed. Do not go by news. Do analysis. The power of perfect analysis brings no surprise and setbacks.
Believe in technical and wait for trend to change.
All have already booked profit from CEs and waiting for next opportunity.
Intra day levels Support Resistance
Nifty Future 10154/148/138 10173/179/189
Bank Nifty Future 24969/917/726 25013/075/085/111
The weekly expiry is likely to be tricky. NF and may BNF may have the last support level tested today.
Happy Trading!!!
Hello Sir,
ReplyDeleteBnf may test the last support level means it can test 24726? You have specified support levels as 24969/917/726. If so, isn't this a big move? Please share some light on this.
look at bn spot. if it goes below 24900 then there are chances.
ReplyDelete