Monday 20 June 2016

NIFTY FUTURE & OPTION WRITING COMMODITY POSITIONAL UPDATES - NO CONFUSED SIGNALS 20/06/2016 -10:15 AM.


NIFTY SHORT TERM TREND

MARKET REMAIN VOLLATILE TILL 23/JUNE/2016.

Nifty daily trend excel SL 8127 (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 8207 (+34). STILL IN BUY TREND.

WE BUY 8300 CE @ 52 NOW 58 (+6). KEEP WATCH.

STOP LOSS BELOW 8080 ON CLOSING BASIS.

NIFTY DAILY TREND 

BANK NIFTY DAILY TREND 

BANK NIFTY BUY TREND STARTED JUNE CONTRACT @ 16474 ON 25/MAY/2016..

NOW BANK NIFTY 17657(+1183) STILL IN BUY TREND -- SL FOR LONG TRADERS POSITIONAL @ 17530 ON CLOSING BASIS.
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