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Thursday, April 6, 2017

Apr 6 NIFTY BANKNIFTY TIME N PRICE MOVEMENT RBI POLICY

!!Om lakshmi narayan!!

Hi friends apr 5 levels n time worked as expected n we saw sharp 170-80pt banknifty frm levels n dot time... it was superb day as MARUTI also as expected hit new high and all levels as expected in earlier post for positional ramnavmi maruti....
Let see what is probablity for tomorrow Apr 6

*NOTE- ALL IDEAS N VIEWS R FOR STUDY PURPOSE ONLY*

*Apr 6day of Rbi policy so volatility n premium shifting day*

*Opening flat to rabgebound .. nifty sup 9235-30 spot n 9190 after open 20-30pt plays frm low 9230near..

* after open if price of banknifty spot is 21535 -480/401 anywhere in between this level half longs r good after open for 50-80-100pt till 12.30 pm*

* After 12.30 mkt n 1.30pm onward mkt will b volatile n down till event 2.40pm

*As its big event day so sup n resistance can extend to level 2 means nifty till 2.40pm can take 9229 sup/9190

Banknifty 21388-401-444-535 r sup zones*

*after 2.40 banknifty again longs can give 50-90-130-50pt till expiry


21535 Near bn long after open n 21500ce/ 22k apr27call good .. n half if 21400-440zones seen...

*Hit n Run after open 2 -3 hrs n 12.30-2.40pm risky puts can play n after 2.40pm risky hit n run calls bn

*Sbi axisbank tatamotors n other small psu bn good on any dip*

Nifty -9190-9230 -9251/84 is range
Hv a good day