The swift move in Bank nifty and nifty gave a relief from the pain undergone during the past one week. Nifty closed above 10500 and BNF closing above 25492 - both closing above Dec Expiry Close - clearly signals the initial hurdle is tackled.
But to be on the cautious side, one can go long only if NF closes above 10568. Similarly BNF has to necessarily cross 25795 so that we can pick CEs above 25800.
Nifty Future range 10460-555.
Bank Nifty Future 25450-675.
Happy Trading! See the hopes for bulls who hang on to CEs! Light at the end of the tunnel!
But to be on the cautious side, one can go long only if NF closes above 10568. Similarly BNF has to necessarily cross 25795 so that we can pick CEs above 25800.
Nifty Future range 10460-555.
Bank Nifty Future 25450-675.
Happy Trading! See the hopes for bulls who hang on to CEs! Light at the end of the tunnel!
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