NIFTY TREND

Yesterday I have posted the chart of PE and CE to alert the retailer not to get excited and take any side with aggression. 

Nifty has not moved anywhere. From previous expiry close it is hardly 35 point up. The broader range was 11802-12038. But the most traded range was 11870-11970. The highs  and lows lived for a very short span. 

Nifty has made two attempts to surpass ATH, but mission failed and closed 100 point below on both the occasions. Now any third attempt normally should be looked upon seriously. 

If Nifty spot is able to cross 11968.40( close on 21/11/19 expiry close), then you may probably see a surge in index towards 12039.

Nifty and BN should hold 11915/30850 to remain bullish. 

If you see BN below 30850 on a daily close, then close all long position and be short. Unless BN does not give sell signal, do not initiate sell on nifty.

So far we have not taken any positional trade. Only intra day trades have been taken.  

Anyone willing to learn and make good returns and also not missing out any good moves as all numbers are scanned every hour, may mail me. You will be guided well and your trades are controlled through my remote button.

Good Luck!