2 April 2018

NIFTY OUTLOOK & FREE NIFTY TIPS 3 APRIL 2018

TO GET MORE SUCH CALLS FILL UP UR MOBILE NO. HERE>>>>

ICICIBANK STRANGLE STRATEGY FOR APRIL 2018

TO CHECK STRATEGY PLEASE VISIT 


http://optioncallputtradingtips.blogspot.in/2018/04/icicibank-strangle-strategy.html


Market closed higher on the first trading day of the new financial year supported by healthcare and auto stocks. Investors also await the Reserve Bank of India’s (RBI) policy decision on 5 April. The Sensex gained over 280 points, while the Nifty has managed to end above 10200. The icicibank was the top most losers of today. Shares of ICICI Bank fell 7 per cent today, wiping out Rs 11,353 crore from its market valuation in morning trade amid reports the Central Bureau of Investigation (CBI) was set to question ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar in connection with the Videocon loan case in Delhi.
In the process, it ended up forming a solid bullish candle on the daily chart. If the index holds above the 10,270 mark in the short term, a rally towards with initial targets of 10,325 and 10375 could be in the offing. For the coming sessions, immediate resistance would be seen at 10350-10400 and a sustainable move beyond this would extend this rally. On the flipside, 10150-10100 are likely to act as strong support levels.

More about intraday tips on Google +
Resistance: 10325, 10350, 10375
Support: 10150, 10100, 10050

No comments:

Post a Comment