Nifty is planning to again hit all time high view global market signals. American markets and Asian markets are bullish, and this bullish trend push Nifty Index towards 10400.
One more factor is, India listed in “TOP 100” for first time in “Is of Doing Business”.
Nifty Trading Range – 10300 – 10400
Closing Position –
If Nifty Index closes below 10300, than clear your bullish positions.
Bank Nifty is also planning to hit all time high view global market signal. Bank nifty is more strong than Nifty 50. Axis Bank supporting Bank Nifty Index.
Bank Nifty Range – 24900 – 25200
Closing Position on Bank Nifty –
If Bank Nify closes below 25000, than clear your bullish positions.
FIIs – 1500 Crores Sell
DIIs – 600 Crores Buy
Nifty Put Call Ration
Put Call Ratio on Nifty is increased from 1.4 to 1.45.