Monday, 2 October 2017

MARKET TREND 03/10/2017

Nifty and Bank Nifty played hide and seek  game on Friday and closed low shedding all gains made during the day.

Market has recently tested the low and for  the time being low levels need not be revisited by Nifty.

Nifty looks like heading for a journey towards northward direction.

Nifty Future Support 9716. A close above 9873 signifies beginning of  rally  towards 9950/10100/250.

Bank Nifty Support seen at 23890  and a close above 24330 means rally towards 24480/750/980.

Do not short Nifty / BNF unless you  see them below support levels.

Balance your position and take cues from above and do not lose balance. Learn from Parrot, the art of balancing!

2 comments:

  1. Sir, I want to enjoy a healthy free fall to confirm its mighty north bound jouney again.Sir I would play PE now.

    ReplyDelete
  2. CEs are going to fly very soon. Catch it and have a sky walk.

    ReplyDelete

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