By Expiry on 8AUG, FINNIFTY to reach 20370-470
My Reasons to believe so
My Reasons to believe so
- Friday witnessed buying from levels 19850 to 19990.
- At the end of the day on option chain, Call buying could be seen upto 19800, indicating positive mood for Monday, given that premium decay during weekend is taken into consideration.
- By evening, US markets are in the solid green
- Bearish sentiments seem to have abated for now, looking at how markets across the globe is behaving.
- There will be an attempt to stay above the well-respected trendline, meaning to climb above 20370.
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