Wednesday 4 July 2018

EXPIRY TRADE

Nifty and bank nifty has shown a good from its recent bottom  made on 2nd of July. This time nifty may try to scale up to 10920 surpassing previous month high of 10893.

Bank nifty too looks ambitious to notch 27205. 

That could be the top out for both the index for the month from where we can see index moving sideways. 

Clue for today's trade:

If bank nifty goes below 26400 in the morning, wait for up move. Once it cross 26437 grab 26500 CE for good gains. 

No comments:

Post a Comment

Note: only a member of this blog may post a comment.