Yesterday High of 10920 level looks like intermediate High. Use bounce to get out the long position and create some short in Nifty and Bank Nifty.
Nifty has to consolidate for the next few months and it looks to grind lower.
Even if Nifty try to cross above 10920, holding above for few days, it will be really tough to stay above that level as per the charts formed now.
Take Long calls only for intra day only, and try to sell for 2/3 days position, to make good full use of the swing.
Let see
ZT
Nifty has to consolidate for the next few months and it looks to grind lower.
Even if Nifty try to cross above 10920, holding above for few days, it will be really tough to stay above that level as per the charts formed now.
Take Long calls only for intra day only, and try to sell for 2/3 days position, to make good full use of the swing.
Let see
ZT
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