Thursday, 24 May 2018

NIFTY TREND

Both Nifty and bank nifty made handsome gains today. The close was bullish. It has negated all bearish sentiments prevailed from Monday on wards. The long bullish candle confirms the worst is over. 

Chances are bright for Nifty futures to revisit 10673 before this expiry if it crosses 10564 hurdle.

On Bank nifty it can see 26565 before this expiry.

Today we picked 25800 CE at 13.50 and all our targets met. I saw everyone smiling when it hit 193 which was my last target. Every move was  explained technically and  all members were very much delighted to  see the   move giving due respect to technical.

Happy trading!!



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