BNF CTD Update

BNF closed at 25395, markets didn’t break 25480 on upside tried to fall below 25370 by afternoon to 25308 it tried, but closed at 25395, markets movement finished by 10.15 AM, rest of the day markets traded with the small range

Markets are the big boss, we have to obey

It takes some effort to cross 25660, above 25040 markets are bullish, close below 25040 for 2-3 days, will make bears to enter the game

My sense may be wrong – sideways may happen for next few days of trading in the range of 25040- 25660- 26060

Let’s see how markets works

Trying to implement a simple strategy for the next few weeks/ month, will update on the results

Sagar U.S

 

 

BNF Follow up

Bank Nifty now trading in a tight band of 25380-25480, any correction till 25260 is healthy, but need to be above 25370, 25800 call around 80-100-120 is value ifย  BNF is above 25260-25370 for a quick return for rest of the day up to 180-200-220-240-260

Would update at the end of the day

Sagar U.S

Take Care

BNF follow up

BNF would trade between 25370-25480, above 25480-25660-25880-26060

Clue for correction of bnf only below 25370 by 2-2.40 pm if it trade’s

Downside could be up to 25170, below this 25040

Above 25660 by 2 to 2.40ย  another 200 to 300 points rally

Do keep eyes for 25370 for rest of the day

All the best, trade less , trade from saving money

Sagar U.S

 

 

BNF Follow up

BNF has given 80-100% return, a big day on Cards ! if we are above 25370

If markets don’t fall below 25040 – markets will close positive,

Above 25120- 25170 – positive up to 25370-25510-25660-25770-25970

markets may fall and again rise, we don’t know, but fall should not be below 25170 for most of the time if so good rally on cards

if markets fall below 25040, am out of bullishness in markets for the day

ALL the Best

Sagar U.S