The global sentiments and factors are not favoring our market as well as global markets due to the currency war which was initiated by US and followed by China. Considering the influencing factors the Nifty may experience further pressure on its movement and make it to dive down. If any positive force helps it to move up it may reach some higher level.
We have identified the following two levels for Nifty futures in this August month series.Either it may fall below or it may climb above the below mentioned levels.
On higher side: 8568
On lower side: 8048
The following strike prices are to be considered on delivery basis towards the expiry on this August month.
CALL Option: 8600CE
PUT Option : 8000PE and 7900PE
If you want to win the market and earn from all kinds of market join our correspondence course in Nifty trading.Lessons will be sent to you by mail.Course fees for small traders: Rs 25555/-
If interested to join the course, remit the course fees at our bank a/c and inform with payment proof by mail to:bullsstreettamil@gmail.com
Bank particulars:
T.A.Vijey
Saving a/c No: 3054101003602
Canara Bank Branch name:P&T Nagar
IFSC/RTGS code: CNRB 000 3054
amount: Rs 25555/-only.
Remit by NEFT or IMPS transfer from any bank
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UCO Bank Branch name:K.K. Nagar
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amount: Rs 995/- +Rs 55/-=Rs 1050/-only.
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