Wednesday 30 May 2018

NIFTY TREND

Nifty today opened gap down and after remaining in the lower territory for an hour it recovered completely  and ended up with a minor loss over previous day. If Nifty spot is able to sustain above 10661, then we can see a high of 10717 today. If nifty breaks 10585, there are chances of touching 10550/35.

Bank Nifty may range is 26050-26520. There could be a big move with in this range which normally happens on monthly expiry. But maximum up or down side is capped with in this range.  

Specific strike  price, SL and target on bank nifty expiry given to members on board.

Happy trading!!

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