Monday, 8 January 2018

MARKET TREND 09/01/2018

Nifty futures opened gap up as the close on Friday was a break out. The numbers oblige technical levels and we could see a sharp up move. 

Bank Nifty Futures has been struggling to move beyond 25795 and I have been repeating this message in my post. BNF must close on a daily basis above 25800  to clinch new  highs. This month we can see BNF move beyond 26000, but it is a question of time and be patient and wait for the  big move.

The basic investment in Stock Market is Patience. Money is secondary. If you  do not keep patience you will  lose money. 

Nifty range till this week expiry : 10604-765.

Bank Nifty range till this week expiry expiry 25700-26225.

Happy Trading!

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