Phoenix085

Nifty - Coming soon !!!-_-!!!

Long
Phoenix085 Updated   
NSE:NIFTY   Nifty 50 Index
I am expecting the nifty to breach 9950 level shortly once that happens the next immediate target would be 10350...
Trade active:
i Feel the market should close above 10050 today so that Options premium of bears would be rendered worthless as 9600 is seeing lotta buying... i feel that will not happen for 18th Jun Expiry...
But then i dont have a Crystal ball which projects the future for me, i have my GUT and EXPERIENCE I am counting on...
Comment:
If nifty closes above 10150(which i am expecting on friday the 19th, I feel nifty will see some resistance at this level), 10350 is easy money if you are patient as TIME IS MONEY...
Comment:
if i may suggest buying 10500 calls at the right premium would yield GOOD(dont expect great) returns in the coming week i.e., Jun Expiry... my target is not 10500 it is 10350 for JUNE...
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