So, at last we hit 19000. Now it's history. Need we look forward for a trending move upward. Any fall to Friday low is a buying opportunity. Month range is going to be 19000-19500
Data points in rollovers is concerning. Practically every sector has high rollovers than usual. #Nifty rollovers are at 76% which is way higher than avg of 70%. It means everyone is buying and buying everything. This is not the way markets work. The case of Bank Nifty is equally concerning. Long rollovers of 79% makes it a risky index to trade on the long side.
Trade like a pro trader and make daily profit using our nifty option tips and be a part of group that makes it happen as a daily routine as money making is a habit which needs to be inculcated.
The start is positive with trade for small targets and low positions.
Nifty. Support is placed at 18888 and resistance levels are open.
#BankNifty. Support is placed at 44000 and resistance is open. As per data, the range in bank nifty is big.
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