As per the Analysis for the intraday Trading and holding hr position on the Nifty should cross 17580 level to considered as bullish on the nest trading session.
For option traders its better to hold positions if taken until Nifty crosses this level and have strict SL of 17450 if goes below this then it will take time to recover and at this time we also need to see the volatility in the market that should sustain above 20 India VIX
For option traders its better to hold positions if taken until Nifty crosses this level and have strict SL of 17450 if goes below this then it will take time to recover and at this time we also need to see the volatility in the market that should sustain above 20 India VIX
Comment:
As predicted nifty crossed 17580 in the next session now for coming market session on Tuesday it should sustain above 17750 so that it can travel to 18000++ .