Today we saw a good gap up opening in nifty which surpassed critical number 10625, only to make a fall up to 10540 & finally closed in an indecisive zone.
Bank nifty too ended without a clear direction.
10536/26 in nifty are critical numbers. NF should take support near above number failing which at 10500/489.
Resistance at 10625.
Bnf face resistance at 25779. Support seen around 25400.
Don't assume trend teversal and buy PEs. It is prudent to wait for above levels to buy CEs
Strike price with entry price SL and target for members on board only.
Happy trading! !
Bank nifty too ended without a clear direction.
10536/26 in nifty are critical numbers. NF should take support near above number failing which at 10500/489.
Resistance at 10625.
Bnf face resistance at 25779. Support seen around 25400.
Don't assume trend teversal and buy PEs. It is prudent to wait for above levels to buy CEs
Strike price with entry price SL and target for members on board only.
Happy trading! !
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