Friday, 27 April 2018

Nifty and Bank Nifty Future 27042018

Today it broke out an imp. level of 10638 on spot at open.  Whenever prices are able to break out such an imp. level at open itself, they are worth trading in the direction of gap.  With this information, a long trade around BRN 10700 was a good setup.  It could have been taken as BPB of BRN or on a pullback towards BRN.

There was also a good setup in Bank Nifty as marked to go long soon after its open.  Towards the fag end 25400 odd level was acting as a nice flip and a long trade was possible as marked.


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