Nifty and Bank Nifty – In Buy zone

BBankNifty

 

 

NNifty

 

 

Had earlier dipped into a buy at 5190 and booked half or more at 5250.

 

Maintaining the accumulate view on Nifty.

 

Will wait for a dip on Bank Nifty to initiate buying.

 

Please note stoploss is 5020 and 9800 which is a deep stoploss so dont go over leveraged and only for positional traders with risk apetite.

 

 

Happy Trading,

 

Nooresh Merani

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