MARKET VIEW FOR MONDAY
MARKET CAN OR WILL OPEN GAPUP - NIFTY AROUND 16800 & NIFTYBANK BEYOND 35835
NO TRADE ZONE -
16650- 16730
35550- 35840
VIEW TO TRADE
NIFTY- NO VIEW, SINCE ITS ON HIGHEST LEVEL, RISKY BUT ON THE LEVEL OF 16850, CAN GO WITH 16800PE
NIFTYBANK- IF SUSTAINS ABOVE 35920 OR BELOW 35550, THEN ONLY WILL OR CAN GO WITH 35700CE or 35700 PE.
TREND WILL OR CAN BE IN UPSIDE ONLY, SO NIL PROBABILITY TO GO WITH PE.
MINOR RESISTANCE AT 36000/36200/36500
BUT, SINCE US MARKET & SGX WAS IN GREEN SO WE CAN EXPECT ONE SIDE RALLY IN NIFTYBANK.
DONT JUMP IN MARKET AT THE TIME OF OPENING. WORK WITH PRE DECIDED TARGET & SL.
HOT STOCKS (POSITIONAL)
(LEVELS ALREADY MENTIONED IN EARLIER POST)
#MnM
#DEEPAKNTR
#APOLLOHOSP
#COALINDIA
#MCDOWELLN
#BHARATFORG
VIEWS ARE PERSONAL ONLY. KINDLY READ DISCLAIMER FIRST BEFORE TAKING ANY TRADE.