Nifty Futures could not break the resistance of 10361 mentioned in yesterday's posting. Right from morning it was a downside market and nifty has lost around 90 points today and closed at 10265.
Bank Nifty futures also did not make any effort to go past 25500. Instead it started trading in a very narrow range and finally ended at 25165.
Technically both the index are not able to cross the resistance.
Bank Nifty may go below 25000 in this expiry and Nifty futures also likely to trade in a narrow range of 10180-240 till the end of this week.
Trading tip for this weekly expiry. Take PE of 25000/24900/800 of next week expiry for good gains.
Happy Trading!
Super...perfect
ReplyDeleteThank you.
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