Monday 23 October 2017

MARKET TREND 24/10/2017

Nifty Future opened with 75 points gap up and immediately  started sliding down to touch 10120 and last one hour saw a good recovery to close around 10196.

Bank Nifty Future closed at 24166 which was incidentally the high achieved in the morning first 15 minutes. Twice BNF came very close to 23900 but has not breached the 23890 which was last week low which we saw on Muhurat Day trading.

The range of Nifty is likely to be between 10074- 10200 tomorrow.  Bank Nifty Future likely to be between 23750-24100.

Since there are two more days to expiry do not expect any major move tomorrow as HDFC results may not have big impact on market.

Options are suggested for members who are on board!

Happy trading!




No comments:

Post a Comment

Note: only a member of this blog may post a comment.