Yeah baby! we hit that $$$

A simplistic analysis on Nifty ( http://tinyurl.com/3eg6rf6 )worked without any rocket science, just pure basics.



so whats next?

It took Nifty more than 2 months to visit 50 MA again. So will it sustain above that? If it need to we need a close above that. I don't think so, as result season kicking in. So we gonna Grind more here in this range.

An OTM put with least premium can make some $$$ for you here.


Regards

Jay

Simple View on Nifty !!!!

Looks with Bullish Engulf 50 MA will be tested soon !!!!