Monday 16 September 2019

NIFTY TREND

Despite showing some resilience and recovery from day's low , Nifty ended 71.40 points low at 11003.50

Tuesday's session likely to have a tepid start and 11059/11078 are likely to be stiff resistance points. Supports may come in at 10942/10910.

Bank Resistance Resistance 28016/28150  and Support 27850/27716.

No aggressive bets are advised, be mild in your exposure keep strict SL and protect your capital.

Option trade with buy level, SL and targets are given to members before start of the day. There is no interruption during trading hours.  

The buy levels are sharp and one can make a decent return of 25-40% in a day with minimum risk.

You too can use above level and make good return.  

Buy CE around 10942/910 ( SL at 10889) and exit when nifty trades around 11059/78.  Similarly PEs can be bought when nifty trades at 11059 (SL 11078) and exit around 10942/910. These trades should be taken only in the first 2 hours of trade.

Same logic applies to BN options also.

For Nifty and BN buy price, SL and targets are worked out for 15-20 strike prices - both CE and PE- provided to members to make decent returns.  

yesterday total visit to blog exceeded 900. I feel happy to post in blog which helps lot of retailers. Will try to post topics on nifty options from next week.





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