surya89trade

NIFTY: A 5 digit July Expiry - Next Leg of BULL CHARGE

Long
surya89trade Updated   
NSE:NIFTY   Nifty 50 Index
With market firmly holding above 9920 (previous high) this Monday morning & market factors like speculative P-Notes derivative positions can't be rolled over .... Looks like there would be a short squeeze in under-performing sectors like IT & Pharma , taking markets comfortably above 10000 this expiry.
Trade active:
Positional Long at 9940 for a target of 10050 - July expiry futures

Stop hourly close below 9900
Trade active:
Rolled Stop to 9980 ... 10100 on cards tomorrow expiry
Trade closed: target reached:
Exited at 10100 ...

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