The markets both Nifty and Banknifty ended in red today due to a good sell off. My prediction of a bullish sentiment has gone wrong. But how to trade now?
17200 is good Resistance followed by 17100.. if it is sustained in above 17200 we can go look probability for buy.. Seller are shifting their position you can see HL forming !
Markets are getting bearish. But I would still prefer to sell calls far away in monthly expiry. I am expecting a major trend. I APOLOGIZE FOR THE LOW AUDIO QUALITY. Disclaimer: I am not a financial advisor. Kindly trade at your own risk.