Thursday, 1 March 2018

NIFTY TREND

Today nifty future closed at 10442,(Previous week  close 10507) surrendered all gains made during the week.

Bank Nifty future too closed at 24870 ( previous week close (25404) and the close was very near  previous month low of 24766.

Will nifty hold 10389 being the previous expiry close  or not?  

As of now neither CE nor PE can be trusted as we are above 10430 and below 10630. Go with the trend.

We are in bearish trend with intermittent reversals. Trade with caution.

Your first investment is Patience.  Money comes next.

Today 25000PE entry at 7.00 and all targets hit.  All the  members made profit. 

We are waiting for  positional trade. Till  then we enjoy watching market.

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