The trend for the month of February is matching with July / August 2018 pattern where we could see all time high.
The target for the month 11222/637. Any dip during the I week of this month is a good buy.
Bank Nifty could cause panic on Policy release day (7th February 2019) where one should make entry. BN monthly Target 28500+.
Yesterday all PE recommendations hit buy level and gave very decent profit of 30%. The SL given was on daily close basis.
See my recommendation to believe. The high made after budget speech has been mentioned against recommended price.
STRIKE | PE/CE | BUY AT | HIGH | TR |
10600 | PE | 83.9 | 97 | 130 |
10700 | PE | 101.6 | 128 | 161 |
10800 | PE | 126 | 163 | 195 |
CEs did not reach buy prices after budget speech. So only PEs could give returns.
Good Luck!
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