NIFTY TREND

Today Nifty clinched the January low of 10436.50. and March  High  of 10439.20.  This 10439 is a very important mile stone for Nifty future and a daily/weekly close above this level indicates further momentum if   the global cues also favor the same.  

Similarly Bank Nifty has not crossed the  January low of 25288 and March high of 25280. 

Look at these highs and lows of BNF and NF very nicely placed in January and March. A very close look at these numbers indicate the importance of this level. 

Now we are at the most crucial juncture and one can go  long   keeping these  numbers as stop loss.  We are almost in saturation mode as we have surpassed 500 points from March low. Keep your exposure mild.

Yesterday we picked JUBLFOOD PE and made decent returns. 

Happy Trading!