NIFTY opened with a positive note. Morning session Nifty made day’s high. After that, it was a flat market. Thursday being expiry, still, volatility was not much before the market closes. Option seller has a very good profit, premium decay very high at the second session.
NIFTY FORECAST
Nifty upper range is 15,225. If the upper range is broken we can see a potential uptrend till 15,600 and the lower range is 15,125. Lower range shifted to 15,125. If index holds this level it is a clear uptrend.
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Disclaimer: Our forecasts are based on predictions from our algorithms. However and they involve risks, variables and uncertainties. No guarantee is presented or implied as to the accuracy of forecasts, projections or predictive statements contained herein. Invest at your own risk
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