The monthly expiry closed near month low. Friday trading could see some support near 11200. Weekly close was a bit encouraging as dips have been bought into during the day. Bank nifty was extremely bullish and the momentum likely to continue for the next week.
Nifty has to cross 11307/339 on a daily close basis for targets 11425/477.
Option strategy. Buy 11350 CE around 22.50 SL 16 target 66.
Bank nifty 29500 CE near 100 SL 85 for target 225.
Keep mild exposure till 31st.
Nifty has to cross 11307/339 on a daily close basis for targets 11425/477.
Option strategy. Buy 11350 CE around 22.50 SL 16 target 66.
Bank nifty 29500 CE near 100 SL 85 for target 225.
Keep mild exposure till 31st.
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