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Wednesday, February 6, 2019

Stock Market Walk Though - Weekly Expiry - 07-02-19

1. Bank Nifty Weekly Expiry
2. RBI policy announcement is there today and there is a little chance to impact the market.
3. If any rate cut is happens, then that will impact the bank nifty expiry and becomes volatile
4. BN will be in the range of 27000 - 27650 and more chances to close in down side 27200 - 27300 & up side 27350 -27500, coz max pain at 27300.
5. BN daily charts in bullish and it formed like spinning TOP, so take trade after the HIGH or LOW breakouts.
6. MACD & DMA 50,200 golden crossover signal shows the bullish trend,


TRADE WITH CAUTION,


My Trade Plan

 1. BN - Stradle, Strangle [depends]
 2. LOTS - Confidential*


HAPPY TRADING
Vijay


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