Today nifty saw a very big gap up followed up by sustained buying. The outcome of RBI Policy meet added further momentum to the index and both nifty and bank nifty closed near day high.
Today we could see the change of trend in index and let there be no shorting in the market. Bears will be punished heavily in the coming days.
Important level to watch : 10436 and 25288. in NF and BNF respectively.
Today's pick of 24700 CE at 1.10 and sold at 21 was the master stroke. Needless to say that weekly expiry trade has now become a simple affair for us.
Tata motors positional call 350CE picked at 7.20 and target 22 met today!
Happy Trading!
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