Hi,
Nifty had a very bullish day crossing important resistance of 5100 comfortably and closing above it.
Courtesy, RBI's positive surprise announcement of CRR cut by .5%.
Nifty opened around 5050 and hung around that level till the RBI policy announced.It shot past 5100 after the announcement.
On the whole, Jan series turned out to be a very bullish series. Congratulations , if you have been consistently long in this series.
here is Nifty Option Chain of 24th Jan 12 ( Tue).
Nifty had a very bullish day crossing important resistance of 5100 comfortably and closing above it.
Courtesy, RBI's positive surprise announcement of CRR cut by .5%.
Nifty opened around 5050 and hung around that level till the RBI policy announced.It shot past 5100 after the announcement.
On the whole, Jan series turned out to be a very bullish series. Congratulations , if you have been consistently long in this series.
here is Nifty Option Chain of 24th Jan 12 ( Tue).
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