Friday, 20 July 2018

NIFTY TREND

Nifty closed today above 11000, renewing its interest to surpass ATH. Last week was a consolidation week where 10925 level was tested. Technically nifty is already in bullish mode, a daily close above 11060 should take nifty near 11200.

Bank nifty has closed 93 points below previous week.   Once 27165 is taken out in Spot, one can see big jump in bank nifty. Wait for this level to be broken on hourly or daily basis.

Keep a minimum target in nifty 200 points from 11010 and 27420 on Bank nifty given the fulfillment of above conditions.

Our members are already long in Nifty options call with one more doubling in the last week. Remember we have already made more than 200% in 10700 CE. Trade for July already closed. We try jackpot on 26th risking a small amount.

We do not trade everyday and we look for doubling trades only. All my members are now technically sound to decide whether to enter into trade or not on any given day. They learn while they earn.

My best wishes to all new entrants for a very new beginning in their trading style and perfect TEN Trades to grow rich with a small investment.

Do reach me on narayanansrirangam@gmail.com for August entry.

Happy Trading!!

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