P R Sundar, Aditya Trading Solutions |
Time: 4.45 pm
Post Market Report:
- Another day of huge volatile market, fell by 100 points from the high and the recovered by around 80 points.
- Bank Nifty has fallen more than 1200 points in last 4 trading sessions.
- Total swing in Bank Nifty was more than 2500 points in the last few weeks.
- This kind of volatility shouls not last more than 2 to three months.
- Going forward, volatility should come down.
- Tomorrow's expiry will also be volatile.
- If US markets do well, then Nifty will expire between 5900 and 5950.
- Otherwise short sellers will try once again to bring the markets down.
- Around 200 day moving average, Nift has taken good support.
- We will see what happens tomorrow.
Comments
Post a Comment