Global markets were on a high but Dow Jones could not break 34500 and stay above it. The effect can be seen in Asian markets today. Domestic data points were mixed with inflation coning at a high but IIP numbers were good.
Derivative data points are bearish, hence the potential gap up of 100 points will be a no trade level. Need to be cautious as wave 4 is still not complete before the final 5th starts.
Make money using our bank nifty option tips on a daily basis with a small capital of Rs 10000.
Nifty. Support is placed at 19300 and resistance 19530. The range is set and any break will give us 150/200 points.
BankNifty. Weaker Index but near support at 44300. The range is set between 44500 to 45100. Any break on rather side can give us more than 300 points.
You
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