Wednesday, February 5, 2020

NIFTY VIEW & NIFTY OPTION TIPS FOR 6 FEB 2020

RBI CREDIT POLICY TOMORROW 6 FEB 2020
DO NOT MISS THE TRADING IN TOMORROW SESSION CALLS
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Nifty crossed 12000 mark like Indian cricketer “Rohit Sharma’s” sixer. As rohit Sharma hit the ball easily with his bat for hitting sixer in the same way nifty crossed nifty 12000 very easily & smoothly. It’s nature of market that every time it over reacts like it has done in the budget, now budget is over same consolidation what we were expecting is happening in the market now. Tracking higher global equities The Sensex rose about 350 points to 41142 while the Nifty settled at 12090 just a kissing distance away from 12100.
What not happened today will happen by tomorrow. For sure Nifty Will cross 12100 mark in tomorrow session. RBI is going to announce the credit policy on 6 Feb 2020 which is expected to be unchanged will bring some positive movement in tomorrow’s session. We recommend that one should trade carefully and avoid risky unhedged positions. For the coming session, immediate resistance would be seen at 12155-12200 and a sustainable move beyond this would extend this rally towards 12300. On the flipside, 12055-12000 are likely to act as strong support levels unless this zone is violated decisively, the bulls need not worry.
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Resistance: 12155, 12200, 12255
Support: 12055, 12000, 11955

4 comments:

  1. I personally want to thank you for opening up your ideas to masses. I have benefited a lot from your writing and it really made me question idea on how to go about this business.

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    1. We give the live calls also pls whatsapp on 9039542248 to get live update.

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  2. Will the RBI credit policy affect the market ?

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    1. No Sir.. As expected RBI policy was unchanged today. but in our post we have mentioned that nifty will cross 12100 mark in Thursday's session & today moved on my words.

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