Thursday, June 30, 2016

UPDATE ON NIFTY AND BANKNIFTY'S TREND on 1st July 2016

Morning !

Referring to my previous posts since 17th June about NIFTY being 8350 and BANKNIFTY being 18077, today seems to be the day when both these targets should be met. As i write this blog BANKNIFTY has also made a higher high above 18051 currently at 18069.

As i have been mentioning that NIFTY has lot of levels to be achieved on upside irrespective of the BREXIT event, the same has been shown by the price actions in past 5 trading sessions.

Since the upside targets are met for the time being, i personally would want to come out of BUY and wait for SELL call as there is an intermediate correction pending.

Will updated the selling levels either during day or over the weekend.

Happy Trading !

3 comments:

  1. Amit Mishra: Have given a SELL CALL

    ReplyDelete
  2. Neha Agarwal: Please stop posting commercial content on my blog, otherwise I would be forced to report your ID to blogger administration team

    ReplyDelete