Nifty and Banknifty to open gap down tracking global cues. A great likelihood of Nifty breaking the 18000 mark exists. Indian mkt closed after seeing fii and Dii buying data many started enjoying but how they feel right now seeing Dow Jones, Nasdaq, Dax and #SGXNIFTY bleeding ?? Give a thought about it
Yesterday was a tough expiry for Index traders. Stocks doing well. SgX shows a gap down of 100 points on Nifty meaning 250 points on Bank Nifty.
We are very close to the support zone, hence shorting is not advised now. In fact, today is the day to watch from the sidelines and try to build some long trades in the cash market for a reversal.
Since most Stocks are near the support area, especially Index Stocks, the best option for us is to wait on the sidelines and watch the 1st hour closely. Let the markets complete its downtrend and if there is a reversal, we trade long.
Nifty. Support is placed at 17960 and resistance at 17255
BankNifty. Support is placed at 41900 and resistance at 42740.
Make money using our bank nifty tips for today and start minting profit.
Proving to be a good decision.
Jab moves nahi samaj aarahe hain.
Chup Chaap bahar bhaitoh!
It’s safe to say…
Traders today are worried about market volatility….
Stocks are moving farther up and farther down.
The swing range is crazy…
And it’s making it harder to choose entry and exit points.
But that’s not the case with our
Nifty options for tomorrow and you can immensely get benefitted by generating a second stream of income.