No analysis is required to our markets. Just see the world through the window and sell what ever is valuable. Buying is only after nifty 2600 reaches.
In F&O positions still shorts were added. No reversals were seen. Hence, the down trend may continue further. No levels for down side. When rain stops then come out. Thats all. No signal to buy calls for short term trades. One can do trade as per intra day trend.
A SMALL CALCULATION:
3800-2600=1200/2=600.
3800-600=3200.
I expect one may get a chance of calls trade at Nifty 3200 level. Hence try to buy nifty 3600 calls at 20-30 in future. OK ??? ?
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