NIFTY is likely to open negative.
It is likely to remain sideways in the later part of the day.
NIFTY short term support is between 10290-10330 and resistance is between 11650-11690.
BANKNIFTY short term support is between 25930-26030 and resistance is between 26900-27000.
Can look for long opportunity on drop.
Last Trading Day's Highlights for us:
1. Monthly NIFTY option strategy positional trades are in RED, needs adjustments.
2. Monthly BANKNIFTY option strategy positional trades are in RED, needs adjustments.
3. Monthly Currency option strategy positional trades are in RED, needs adjustments.
4. Monthly Stock option strategy positional trades are in control.
5. Intraday trades - None.
6. As market dropped significantly, we have invested in ETF NIFTYBEES for long term.
7. Next Otions Strategy workshops are in April.
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