The monthly expiry is very critical, where we find the index is trying to keep its head above previous month high.
Last month high Nifty 11695.
Nifty closed at 11627 on Muhurat Trading day. Considering the consolidation phase of last week, supports shifting upside, nifty is all set for a next leg of rally towards 11750/840. SL is just 50 points down at 11573.
Bank Nifty likely to touch 30100. Another 600 points from 29516.
Plan your trade accordingly with strict SL at 11575 / 29050.
Good Luck!
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