May 5th 00:03 am
Wednesday market closed at 5537.15 which was not so good but not so bad also after RBI policy, we took support on 5500 it will be a critical support for the market
If today market closed above 5578.80 which is yesterday s high then their will be a short covering rally in the market But market still in a bearish mode
m@ view
Monthly view = Neutral [their will be a great preassure in the market in future]
Weekly view + Neutral [no comments]
Daily = Bearish [the trend will be changed if closed above 5578.80]
I will be pleased if u ll give ur view on my view
and i ll also tell u about my trades in nifty options
Thank you very much for reading m2 post
Too much risk in trading BankNifty or its options. Views welcome.