Bank Nifty View 23/10
Updated
Bank Nifty future may trade between 24330 and 24900
Tight range 24460-24885
SGX nifty indicates muted opening.
Markets may not fall much as FIIs pump in huge amount of money everyday.although DIIs have sold for Rs 2020 crores in Cash market.
There is no announcement regarding Stimulus.
Bank Nifty can touch the recent high of 25200, if the positive sentiment continue in Banking stocks.
India vix high.So always trade with cautious view.
Us market closed slightly higher.
Above 24900 Bnf may go 25200 and below 24460 .....24330/24200 may possible.
Volatility may continue and we can expect profit booking at higher levels.
Disclaimer: Ideas for learning Only.
Tight range 24460-24885
SGX nifty indicates muted opening.
Markets may not fall much as FIIs pump in huge amount of money everyday.although DIIs have sold for Rs 2020 crores in Cash market.
There is no announcement regarding Stimulus.
Bank Nifty can touch the recent high of 25200, if the positive sentiment continue in Banking stocks.
India vix high.So always trade with cautious view.
Us market closed slightly higher.
Above 24900 Bnf may go 25200 and below 24460 .....24330/24200 may possible.
Volatility may continue and we can expect profit booking at higher levels.
Disclaimer: Ideas for learning Only.
Note
Looking bullish ...may go 25000/25200 by monday...BNF NOV 25000CE may be buy around 880-900 tgt 1050/1100/1200 sl 800
Note
26th nov
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