Nifty opened gap down -235 points, but it recovered within 15 minutes and by 10 am we saw nifty moving very close to Friday close. Bank nifty future touched a low of 24000 and recovered fully. All happened within the wink of an eyelid.
Since index have moved 400 points from bottom of 10060, there could be a small dip up to 10330-50 level before resuming uptrend.
BNF expiry could be around 25800 this week.
Be long with a trailing SL 10% below traded price on options to protect your profit. CEs 10300-400 looks rewarding.
Happy trading!!
Since index have moved 400 points from bottom of 10060, there could be a small dip up to 10330-50 level before resuming uptrend.
BNF expiry could be around 25800 this week.
Be long with a trailing SL 10% below traded price on options to protect your profit. CEs 10300-400 looks rewarding.
Happy trading!!
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