Today Nifty never shown any recovery except for an hour between 2PM to 3PM. Again at 3 PM it was dragged below 11700 and closed at 11691.90. On expiry day nifty has to hold above 11663 to move above 11700. If 11663 is broken on an hourly basis, it would be a close below 11575-550.
Bank Nifty has never stayed above 28322 as mentioned in my earlier post. Good news is that it has not broken the low of previous day.
Option strategy for expiry trade sent to members on board...
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