morning thoughts...
We have clearly indicated gann reversal and trap date of 22 june and the markets obliged perfectly and the markets trapped shorts and reached logical targets of 10800 and 26700 on nifty and bank nifty respectively
Now we enter into fo expiry week and again we will witness volatile trades with index facing resistance at higher levels with a grave yard doji star pattern - so get ready for another trap and strong trap ahead
The broader markets will continue to trade range bound with stock specific moves ahead
Commodity markets is likely to remain subdued with positive trades in bullions , base metals and energy
We have clearly indicated gann reversal and trap date of 22 june and the markets obliged perfectly and the markets trapped shorts and reached logical targets of 10800 and 26700 on nifty and bank nifty respectively
Now we enter into fo expiry week and again we will witness volatile trades with index facing resistance at higher levels with a grave yard doji star pattern - so get ready for another trap and strong trap ahead
The broader markets will continue to trade range bound with stock specific moves ahead
Commodity markets is likely to remain subdued with positive trades in bullions , base metals and energy
