As discussed yesterday Bank Nifty hit a low of 23431 against our level of 23445. Nifty resistance for 11963 was posted in public forum. Market made an initial pull back and continued to push lower in a range. Option movement was stiff but still put buyers made some money.
Decision range
23527-23602
Support for the day
23353
Resistance for the day
23704
Expectations
Trend day
Real time updates
Most of the updates are done at public forums
Note on oncoming correction in global markets
As we approach mid October , global markets are set to make a year high and will be good time to trade volatility . Traders will see unprecedented rise in VIX which will lead to making and breaking of fortunes in coming weeks. My followers are all set to chart this volatility , hope everyone is able to do so
Author can be contacted for monthly projections of Nifty and Bank Nifty for rest of 2020 and beyond
Decision range
23527-23602
Support for the day
23353
Resistance for the day
23704
Expectations
Trend day
Real time updates
Most of the updates are done at public forums
Note on oncoming correction in global markets
As we approach mid October , global markets are set to make a year high and will be good time to trade volatility . Traders will see unprecedented rise in VIX which will lead to making and breaking of fortunes in coming weeks. My followers are all set to chart this volatility , hope everyone is able to do so
Author can be contacted for monthly projections of Nifty and Bank Nifty for rest of 2020 and beyond