24,500 immediate support
MFSL good cell below 1250
As bank nifty is not supporting
Bank nifty could not hold 51,450
Exit from nifty also
None of the index could break their resistance
12,520 in Midcap nifty
If that is broken, it’s short on buying in nifty
Unwinding seen from put buying
Let our market settle down, then will check OI data before taking a trade
Nifty recovered by 70-80 points in less than one minute
Or shift Sl to 52100
We will get good buying at lower levels
Possible trade in banknifty
if it bounces back we will lose back
Nifty is again in selling zone
When 2 major index doesn't walk together better to avoid any trade
Nifty again back in buy zone
Book loss in bank nifty
24,400 support in nifty
Today, long short ratio stands at 32%
51,450 in bank nifty
Resistance stands at 24,500
OI data, indicating more of call buying
Global market too is trading negative
Think about a guy who got only 2 ipo allotted in last few years - Paytm / Hyundai
Bank nifty below 52,120 indicating sell for naked put buyers
Hyundai India listed at 1.32% discount
Looks like it was waiting for exit only
Exit from this strategy in small profit