Nifty today closed 10618 losing its critical support at 10673. What ever the trend set during the last three days have been negated and nifty is heading for a fall. This is a typical expiry week move whereby the options find wild moves due to volatility.
I have indicated the likely top outs of bank nifty two days back. Just check and you will be surprised to see that the reversal has happened exactly.
Clue for making good profits: Watch PE of June and if expiry is below 10600, you must invest in PE in June and relax. Specific strike price, entry, exit, SL are given to members on board.
Happy Trading!!
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