Monday 2 April 2018

NIFTY TREND

Nifty was in a total recovery mode and the April month started with a good up move. Bank Nifty participated in the rally in the last 45 minutes, there by taking nifty above 10200. 

Bank Nifty in fact has not supported nifty today and nifty was lifted by non banking scrips like Cipla, Adani Ports, Heromotoco etc.,

Unless bank nifty performs nifty may not be able to perform further.

Key numbers to watch 10350.73 in NF and 24540.22 in Bank Nifty futures.

Today 10200 CE rocked. Had a very smooth entry and safe exit with a profit of 15-20%.

Boat




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