NIFTY is likely to open positive.
It is likely to remain positive to sideways in the later part of the day.
NIFTY short term support is between 11910-11950 and resistance is between 12150-12190.
BANKNIFTY short term support is between 30740-30840 and resistance is between 31420-31520.
Can look for short opportunity at opening, as opening may be near short term resistance.
Last Trading Day's Highlights for us:
1. All stock option strategy positional trades are in control.
2. Added stock option strategy positional trade.
3. Added currency option strategy positional trade.
4. All BANKNIFTY monthly positional trades are in control.
5. All NIFTY monthly positional trades are in control.
6. All weekly BANKNIFTY trades are in control.
7. Intraday trades were closed in GREEN.
8. Upcoming Option strategy workshop is planned in Chennai on Feb 15-16.
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