BANKNIFTY WEEKLY MARKET REPORT 28TH JUNE TO 4TH JULY 2019

(WEEKLY EXPIRY – 5 DAYS )

BankNifty has closed at 31269 – What happened last week !

20th June BNF(BankNifty) had closed at 30781

Bears tried hard to win the week (Friday to Wednesday ) made a low of 30451 ,but was unable to close below 30600 !

Tuesday afternoon to today afternoon ,bulls took the price upto to 31490 from 30450,finally closed at 31269 !

Now – whats in store for the coming week ! 28th to July 4th 2019

Budget is in the corner on July 5th Friday – Markets before the event will be sideways ! I may be wrong too !

Henceforth markets could be sideways for the week !

G20 meet outcome, Global Markets,Crude triggers to be seen for the coming week !

Bulls want to take the Price upto 31540 and close for few days !

Bears want to take the Price upto 30600 ,till then both of them are not in the game !

Bulls would be winning only above 31850 above ! Bears 30600 !

What i will do – Will wait and watch !

I will look towards bulls only above 31850 and Bears only below 30600 !

Till then better to stay on sidelines

Trade less ,Trade From Savings Money

Sagar U.S

Options Markets only for Professionals

Need to observe options markets for at least 2 years before trading !

Upcoming -Article would be on Equities for long term Investment !

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