Bank nifty and Nifty futures has been trading higher for almost 1.5 years. This all started back in the month of September 2013 when Shri Narendra Modi was declared as PM candidate of BJP. After registering a massive win by BJP in general election we saw lots of bulls joining the stocks and moving it northward. We are expecting this uptrend to continue until the government is pushing in the ... [Continue Reading]
Nifty Future Trade Setup for F&O Expiry, Rollover to Next Month
Direction on weekly chart is pretty clear that nifty future will continue its uptrend; momentum is being built on some large cap stocks. Also most of banking stocks such as ICICI bank, state bank of India, Axis bank, kotak bank, Punjab national bank, bank of Baroda and indusind bank, yes bank and vijaya bank were the top banking stock which saw rollover more than its 3 months average. So we are ... [Continue Reading]