- US markets came under profit booking, Asian markets are mixed
- SGX Nifty is higher by about 80 points
- DIIs have bought for more than Rs 2000 crores
- Bank Nifty is likely to be more volatile
- Nifty Future took support between 14200 and 14300 on multiple times
- Since tomorrow is a holiday, we can expect today’s trade to be highly volatile
- Last one hour will be interesting, as tomorrow is a holiday, markets are likely to make big gap up or gap down opening
- If you remember last week, SGX Nifty was up 250 points while we were closed last Wednesday
- So traders may like to close their positions towards the end of the day which can make markets more volatile
- Nifty future may trade between 14280 and 14520
Disclaimer
“Investment/Trading in securities market is subject to market risk, past performance is not a guarantee of future performance.” Master Nifty Option is a financial market research and investment advisory firm specializing in providing Best Nifty Option Strategy, Best Bank Nifty Option Strategy and Best Stock Option Strategy