NIFTY TREND

Bank Nifty and Nifty obeyed our levels posted yesterday.

Bank Nifty moved up to 25910 and unable to sustain the highs fell  gradually hour after hour till the end of the day and settled slightly above 25128.

We have not taken any CE or PE  and missed the jackpot as the steep fall from 25440 was not  expected. We did anticipate 25800 CE / PE  and 25700 PE  to do wonders. It did. This was predicted by me and informed to  all  members to focus on PEs after 1.30  PM.

Nifty  too  looked very weak when it  was breaking 10450, finally settled above 10450.  It has closed below 10492, which was last week high.  Now only a close above 10492 gives a further move.

Bank nifty too settled below  Friday high of 25484 and settled at 25188.

Watch these numbers to go long in  index as the bottom of  10138 and 24250  is intact.

Range for Friday trade : Nifty      10410-10526.   

                                        B Nifty  24906-25328

I  have given  exit from 11000 CE (November) to all the members and book profit. Entry was around 60-65 and exit above 90. High was 100. Assuming entry around 62 and  exit at 95,  ROI works out to 50%. 

I will give next 100% sure trade. Stay cool and calm. 

Trade with caution.   Obey the levels.  You will win.  

Happy  Trading!