Weekly Expiry: Here is what Anil Singhvi expects about market - Check range and closing levels; what he advised
Zee Business Managing Editor and Market Guru Anil Singhvi in the special edition of Editors Take mentioned that the weekly expiry of market is expected around 15675-15700 in view of the current market trend.
Zee Business Managing Editor and Market Guru Anil Singhvi in the special edition of Editor’s Take mentioned that the weekly expiry of market is expected around 15675-15700 in view of the current market trend.
Expecting a positive closing today, the market guru said that he doesn’t see the market would expiry below 15600 levels, and also the chances of it expiring above 15700 is quite low.
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However, it would be an achievement if weekly market expires near 15700 levels, the market guru said, adding further he expects it to close positive today.
Considering weekly expiry, if the market opens with a positive gap above 15700, around 15750-75, a long and short position can be booked, advises Singhvi adding further if it opens with a lower gap, down or flat then it is buy advise.
He before concluding said, the market would see a volatile session since it being at record level highs.
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