Gm.
Rbi policy failed to motivate index.
Nifty once again touched 11830 & closed at 11843.
Any higher move is sell on rise.
Nifty, if it breaks 11829, has support at 11750/620.
By next week the big gap of 11410-11591 is likely to be filled.
If that happens then last support is at 11260.
I suggest 11500 pe 20/6 expiry around 15-18. Sl 10. Tr 125/250. This downtrend shall temain till 20th.
Rbi policy failed to motivate index.
Nifty once again touched 11830 & closed at 11843.
Any higher move is sell on rise.
Nifty, if it breaks 11829, has support at 11750/620.
By next week the big gap of 11410-11591 is likely to be filled.
If that happens then last support is at 11260.
I suggest 11500 pe 20/6 expiry around 15-18. Sl 10. Tr 125/250. This downtrend shall temain till 20th.
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