Tuesday 24 October 2017

MARKET TREND 25/10/17

Today Nifty closed with around 30 points gain and the close is above 10200.  Bank Nifty closed at 24235, up by 75 points over previous day.

The much awaited HDFC Bank results did not lift the BNF and this has been very well predicted in my posting yesterday. 

The support for Nifty is around 10100 and for BNF 24000. Upper side as of now is 10260/24400.

Tomorrow is yet another day where the premiums of puts likely to vanish.

The Expiry day comments are reserved and the same will be  revealed tomorrow evening here.

For members on board, that will be revealed to take suitable position in Options trade

Happy Trading!

2 comments:

  1. sirji
    the effect on banking policy ie 2.1 lac cr given to psu banks?

    ReplyDelete
  2. Trend in FII flows: The FIIs were net buyers of Rs -1306.76 the cash segment on Tuesday while the DIIs were net sellers of Rs 592.28 as per the provisional figures.Commodity tips

    ReplyDelete

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