NIFTY is likely to open negative.
It is likely to remain negative to sideways in the later part of the day.
NIFTY short term support is between 11620-11660 and resistance is between 11800-11840.
BANKNIFTY short term support is between 29950-30050 and resistance is between 30610-30710.
Can look for short on rally.
Last Trading Day's Highlights for us:
1. All stock option strategy positional trades are in control except two.
2. Squared-off a position, it was close to worthless.
3. Overall all currency option strategy positional trades were closed in GREEN.
4. All currency option strategy positional trades for March series are in control.
5. All BANKNIFTY monthly option strategy positional trades are in control.
6. All NIFTY monthly option strategy positional trades are in control.
7. Intraday trades were closed in RED.
8. We are taking more than a month long break for workshop. Next workshop is in April.
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