I am holding ITC Dec F bot @193/10. Please advise whether it can move up Monday or coming wek. If not, what should be my strategy to book minimum profit or exit with minimum loss. I presume it has resistance @190-194-199 and support @185-181-175. Please confirm your views and suggest a way out.
thank u shyam. Since it is a long term investment we need not worry on short term correction. Hope, decent appreciation can be obtained over a period of time say.,6 months or one year. Let us hope for the best. thank u once again.
Re: Intraday Calls In Cash /futures
will u please predict the banknifty's top levels to be achieved. It is observed that it has appreciated 15%. will it go down or up to reach further highs. please advise.
Thank u rameshji. Your advice on the index and stock futures trend is much useful to all the members. Please explain the level of rate mentioned against trend. Is it the pivot or cut off rate for that day's trading. It will be useful if the same is explained in detail for the benefit of all...
if nifty futures trade to discount to spot, can we presume that futures overbought. Similarly, if nifty futures trade at premium to spot, is it in oversold position. can any senior boarder clarify this?