Nifty future: Last close 15896.05
Above 15934… Target looks 15958—15971—15996 levels.
More and more upside rally we will see on a close shive 16000 levels on a weekly basis.
Or else it could test 15848—15822—15761 levels again.
Trade safely as there is less volatility in the market
Bank Nifty Futures: Last close 35896.80
Bank Nifty futures has resistance at 36000—36100
Will it break 36100 or create panic till 35700—35450 levels again???
Traders should remain cautious for the day.
Trendy Reliance
Reliance has support at 2090—2030. Likely to take support and bounce again.
Traders can go long in Reliance around 2090 with stop loss below 2030. Upside target looks 2200+++
Trendy NTPC
Grab above 119 levels… We expect a sharp upside rally till 123—125.50+++ levels in days to come.
Support and stop loss below 116 on a closing basis.
Options
Our Nifty 15 July 15800 CE is active. If you are holding short then maintain strict stop loss above 210 levels