Nifty climbs

At the end of the trading session the gains from the lows of Friday measured 200 points in the Nifty and 800 points in the Bank Nifty.

Chartofniftyx0 Nsf Nifty Climbs

Actually all the gains came in 4.5 hours of trading and the bulk of the day today was spent consolidating.

Chartofbankniftyx0 Nsf1 Nifty Climbs

The bank Nifty opened exactly above the single print discussed in Saturday’s webinar. In Itself it was an indication to go long.

We took a long trade in the Bank Nifty at 12635 and closed it at 12785 near the highs of the day for an easy 150 points of gain today.

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