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Good Morning Family 🙌🏻
Global markets didn't react sharply to Fed decision but historically markets have fallen or risen only after a day or days after such decisions.
- Nifty and Bank Nifty are holding the ground and not giving up 18000-41000 levels near ATH. Momentum isn't strong. As option buyers, we need some break high-low range to trade to see volumes come back.
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FOMC rate decision today.
Although an interest rate hike is widely expected, any aggressive commentary can trigger major volatility.
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We have covered the first stoploss and are in 40-50₹ profit now.
So Do not close the day in loss from hereon.
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