Wednesday 27 August 2014

NIFTY AND BANKNIFTY CLOSING STRATEGY

NIFTY CHART
BANK NIFTY CHART


NIFTY AND BANK NIFTY IS MOVING VERY NARROW RANGE.  THIS TYPE OF MOVE WILL GIVE US BIG SINGLE SIDE MOVE AT ANY POINT OF TIME. SO BUY 8000 CALL AND 7900 PUT (SEPTEMBER SERIES) . BECAUSE  GDP DATA WILL COME OUT ON 29TH AUG'14. IT REFLECT OUR MARKET ONLY ON MONDAY. SO ONE SIDE PLAY IS NOT ADVISABLE.

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