Friday, 13 September 2019

NIFTY TREND

Today we could rightly predict the trend of nifty and bank nifty. Last one hour of trade rewarded call holders when the CEs were bought moment nifty crossed 11003.

Monday could open gap up and CE holders can book minimum 25-40% profit in the opening bell itself.

Morning post clearly mentioned 11081 as the top level. Yes 11085 was the high of the day.

This is the first week after 2 months, nifty closed at weekly high. Next week 11141 is going to be the acid test for nifty.

Bank Nifty is highly bullish.

Levels for Monday

Nifty  Support 11057/10971/10945/10902  Resistance  11084/11127

BN    Support  28020/27678/27573/27402  Resistance  28126/28296

Option levels for Members on board. 

Option trade is suggested for both CE and PE for ITM and OTM options with SL and TR for both nifty and BN before the market opens. It is a handy guide for you to place order and wait for price. No need to chase options and we stick to our price and make decent returns.

Good Luck!


No comments:

Post a Comment

Note: only a member of this blog may post a comment.