Bulls washed the Bears last week, know what should be investment strategy now

Virendra Kumar further stated that it is stuck in the radius of 54800 to 55000. Heavy writing at 55000, 10 Dema is at 54910. Nifty’s strategy for today: The description of the strategy on the Nifty, Virendra Kumar of CNBC voice said the first resistance to 25080-25120. The first base is on 24867-24931, while the large base is on 24769-24819. Virendra Kumar said the market remained in the consolidation area on Friday, and that the option kept the authors completely. Good shopping in cash, sold in index by FII, hedging can also occur on weekends. Good handover of the US, 25000-25100-25200 area, saw strong calls. 24800-24900-25000 area dominates the pit writers, 24800 is an important basis. He said that 24867-24931 day traders are also an important basis for buying every decline. 25080-25120 is the first obstacle, if crossed, will open 25189-25233. Can rise above 25233 to 25267/25305. Virendra Kumar, a strategy on the Nifty Bank, said the first resistance is at 55548-55687, while the most important resistance is at 55956-56089/56221. The first base is at 54910 (10 Dema) -55109, while the larger base is on 54509-55710. Virendra Kumar further said that it is in the region of 54800 to 55,000. Heavy writing at 55000, 10 Dema is at 54910. 55000 is occupied by call writers, so stay long. Also buy a decrease on the first basis. 55548-55687 main level, 55956-56089 routes will open above. Live updates for stock markets: Gift nifphic indication can be flat. Indian Market Boom (Disclaimer: Disclaimer: MoneyControl.com The ideas expressed on moneycontrol.com are personal views of experts. The website or management is not responsible for it.