ROLLOVER ANALYSIS: REMAIN BULLISH AND USE ANY CORRECTIONS TO ACCUMULATE LONG POSITIONS

Discussion in 'Latest Brokerage Stock Buy-Sell Reports' started by Vidhi Khanna, May 28, 2023.

  1. Vidhi Khanna

    Vidhi Khanna Active Member Staff Member

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    Outlook for June: Long build up by FIIS & aggressive Put writing at 18000 indicates downside is limited. Stay Bullish & use corrections to accumulate long positions. Bank Nifty 44200 is resistance. Move above 44200 could trigger short covering for target of 45000

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    Last edited: May 28, 2023
  2. Vidhi Khanna

    Vidhi Khanna Active Member Staff Member

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    FIIS are buying aggressively in cash market + Stock Futures OI is at ATH. However, historically Nifty has never risen for four series on the trot & so there is high possibility of profit booking in July series. Book profits on any rally towards 19200-19500

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