Saying this daily. Wave 5 continues but today is the day when wave 4 of the larger 5 can start. Focus will be on Bank Nifty today due to RBI policy. Not much is expected out of it but comments on the global markets will be important to listen.
Nifty. Support comes in at 18600 /580 and resistance is placed at 18800.
Make money using our bank nifty option tips on a daily basis.
BankNifty. Today is the best day for banknifty to move outside the range. As move above 44400 is spot would open the gate for higher targets of 44850.
Derivatives. Net index short worth 11k but stock longs worth 1.27 cr!! Net call options long, hence downside is protected.
