Nifty has opened gap down and opened at 7945. The trading got suspended due to nifty hitting the lower circuit limit. Even after resuming the trade after 45 minutes halt, it did not show any inclination to move up.
Today's opening is very critical for this weekly expiry. Unless 7945 is crossed, we do not hope for a positive finish in this week. The critical numbers ruling the nifty for he next 3 days are 7832/7945,8178.
The bulls have been under house arrest or observing Janatha Curfew.
Nifty and BN level for the week - 7250 - 9100 17900-22900.
Trade with caution. This fall is historic. Do not trade during high VIX. Keep the money. You should not pick any trade in F&O segment if you are a prudent trader.
Good Luck!
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