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Published on 27/06/2019 4:23:57 PM | Source: Emkay Global Financial Services Ltd

Reg Quote on F&O expiry - Emkay Global

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Below is the Views On Reg Quote on F&O expiry by Mr. Rahul Mishra, AVP (Derivatives), Emkay Global Financial Services

 

“We opened June month with a positive note with NIFTY touching 12100 mark but witnessed continuous profit booking at higher levels throughout the month. 11700 level which is 50 days moving average provided good support and we have seen buying interest at those level. 12000 level has been a good supply zone, NIFTY has to break this level decisively and we may see fresh buying in the market. We have budget in the coming month, focus will be on policies by NDA2.0. Monthly option data suggest that NIFTY will be in a range of 11500-12000 for the month of July.”

 

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