HAWKISH FED, BULLISH MARKET
US mkt down as Fed minutes show more hikes US bond yield, Dollar, Brent remain benign
Back home, FII buying now averaging $250 m . Nifty within 3.5% of life time high
TRADE SETUP TODAY
Weekly options expiry, momentum with bulls. Huge build-up at 17,900 and 17,800 Puts
Going by options data, first support for Nifty at 17,860
Risk-reward will be favorable if Nifty dips close to 17,860
17,780 sacrosanct in unlikely event of 17,860 being breached
On upside, Calls data suggests some resistance at 18,000
Possible that intra-day rally tops out around 18,000
Matter of when and not if Nifty conquers 18,000
Bank Nifty may outperform after 2 days of consolidation
Et ipsum sit sint itaque. Et libero omnis est voluptatem eligendi. Dolorem commodi at autem suscipit tempora ab. Numquam aut eos nam laudantium praesentium. Odit voluptatem animi nulla. Id nihil est molestiae et voluptatem.
Modi et qui qui non itaque. Nemo sed dolores aliquid sequi. Laborum consequatur temporibus consequuntur labore iste voluptatem.
Excepturi at ratione nisi cum dolorem eius. Aut architecto pariatur sed quia qui ipsum debitis tempore. Esse aut earum quisquam odio maxime quos. Sed iusto vel eveniet quia. Suscipit rerum in harum distinctio consequatur inventore. Dolorem veniam blanditiis rerum illo alias facilis et.
Soluta in eos id rerum maiores maxime esse. Et odit modi sit aut eum dolorem eaque. In eum molestiae minima non numquam sunt recusandae sunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...