Expiry
NIFTY WEEKLY FOR APRIL-11-2019.Aim for low of 11276 in spot for NIFTY 11-04-2019 weekly expiry with sl at 11761.
banknifty either side direction is possible.bank nifty forms doji in the daily chart. we may see a gap down opening tomorrow. and then followed by some up momentum towards 30014 level. If it breached closing will be upward if not it will crash downside. trade with caution it is expiry day.
Book Profits In Nifty and Enter short positions on Thursday resistance shown in Nifty
Nifty cannot surpass these levels and will retrace FIB. levels.
Weekly expiry sets off tommorow, so book your profits and enter short positions as marked above
Book Profits in Bank NiftyWeekly trendline resistance shows Bank Nifty cannot surpass these levels and will retrace FIB. levels.
Weekly expiry sets off tommorow, so book your profits
Nifty 50 - TrendNifty is in bullish now, next target of 10930, 10980 (major resistance). Also it forms head and shoulders patterns, so long view says downtrend. 9300 range.
my view on kotak mahindra bank for november expiryit cant remain on the upside and should stay in a range of 1000 -1030
Bank NIFTY setupAccording to setup and OI analysis, I think a 23800 CE SELL @ 7.35
and 22800/22900 PE SELL @ 12.6/18.5 would be good enough for 6th July Weekly Expiry.
Nifty : Run to Upside then Down ?!i) The highest possible scenario being Gap up around or just above channel then coming down in range
ii) if it all it breaks the channel & participants interested in ending Nifty above 9500's we will be closing around 9560's
I'm on run now, have few tasks scheduled on priority, so please adjust with short description :)
