Friday 17 June 2016

NIFTY FUTURE & OPTION WRITING COMMODITY POSITIONAL UPDATES - NO CONFUSED SIGNALS 17/06/2016 -12:10 PM.

NIFTY SHORT TERM TREND

Nifty daily trend excel SL 8121 (future).. yesterday NIFTY CLOSE ABOVE EXCEL DAILY TREND LEVEL 8130.. SO ABOVE 8080 ON CLOSING BASIS IS GOOD SUPPORT--- NIFTY EXPECTED TRADE BETWEEN 8080 TO 8350..

TODAY POSITIONS

NIFTY BUY ENTERED @ 8173 NOW 8186 (+16). STILL IN BUY TREND.

WE BUY 8300 CE @ 52 NOW 54 (+2). KEEP WATCH.

STOP LOSS BELOW 8090 ON CLOSING BASIS.

NIFTY DAILY TREND 

BANK NIFTY DAILY TREND