Sunday, August 6, 2017

Nifty Derivatives This Week

With The Name of God, The Most Merciful. The Most Beneficent,
And The Excellent Helper, And The Excellent Protector
  1. FIIs have been going short relentlessly in the current series;
  2. The Options sellers don't have a clear view about the direction of Nifty
  3. The Bias could be positive above 10-023 (BankNifty: 24723) and negative below it
  4. The Expected range could be somewhere between 9923 - 10-223 (BankNifty: 24-250 to 25-300)
  5. Nifty and BankNifty appear to be in corrective mode
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