Nifty has taken support at 10628 and started reversing. Our number is 10621. We knew the reversal and took CE's and comfortably positioned ourselves till morning.Sold after the gap up opening around 9.45 AM.
We are now without any position and only OTM CE is pending which we are sure of making money during the month itself.
Wait for the expiry day and make money on that day as the next two sessions are likely to be sideways.
Do not link Nifty with DOW or Nikkei. Our market does not need any guidance from other markets.
Nifty likely to be bullish only if a daily close is above 10835. This is a critical number.
Bank Nifty is once again travelling southwards to touch 27155. This has confirmed sideways move for tomorrow.
Happy Trading!!
PS: We have so far taken 2 successful trades. Both on PE as well as CE. Have you?
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