Monday, September 23, 2019

ENTHUSIASTIC BULLS WILL CONTINUE THE VICTORY MISSION

"BUY IBULHSGFIN 420 CALL @ 22 TGT 35/55"
No Monday blues..!!! Historical corporate tax rate cut party which started last Friday 20 sep 2019 continued in the Monday’s session also. Bulls continued their euphoric rally for 2nd trading day buy jumping 200 points to hit its highest level in more than two months. The Sensex also jumped 1075 points. positive sentiment for revival in earnings growth also attracted to the foreign investors in the market.
NIFTY VIEW FOR 24 SEP 2019
Nifty maintained its bullish stance for second consecutive day and given closing at 11603 with gains of 330 points forming a doji candle pattern on the daily chart, hinting at indecision in the market. For the coming session support for Nifty is coming near 11550 -11475 zone and resistance is coming near 11655 -11725 zone.
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Resistance: 11655, 11725
Support: 11550, 11475

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