Today Nifty and Bank Nifty finally ended with a big loss. NF lost 125 points and BNF 277 points at a time when every expert on TV was talking of consolidation.
The impact of high volatility which we experienced in the month has played in. Somehow bulls have been holding the index and managed the index inspite of high VIX. Now that it is no more possible to do that.
September month could be see a low of 9350-9400. Market does not seem to recover as the broader market is weakening. Seeing is believing. Please see below.
Wait for 9749 to break on a daily closing basis to take positional trade. Take any Sep PE, Relax and enjoy.
Happy Trading!!
Good evening Sir (it is 7.29 pm IST) 29/08. Today I took a 9800 CE @ 38.70 at 3.27 pm.
ReplyDelete,
Make an exit in the first 15 minutes.
ReplyDeleteI sq.off @80/-!
Delete