First day for the series and start of a month.
This month we have to be very cautious on long side. Don't try to trade on breakouts. Try to buy around support with strict stop loss.
Last month High on Nifty and Bank Nifty is act as inflection point.
Today we have to be cautious after 1.30 pm, selling / profit booking will come.
Let see how things span out and then we take it from there.
ZT
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