17.03.2020 Tuesday, 8.27 am 

What has happened yesterday? Nifty index as expected opened on gap down beyond our supporting zone i.e. 9650, made a low point 9340, thereafter traded with high volatility and moved till 9600, the late hour sell-off dragged the Index once again till 9165.10 and closed the day at 9197.40 with negative bias.

What will happen today? Nifty Index may open on a flat note with positive bias to test 9230-9335, if trade and sustain above 9335 then, it may re-test 9375-9415-9475-9510-9570-9600-9690. Likewise the immediate support lies at 9220-9165-9120, if trade and sustian below 9120 then, it may re-test 9078-8955-8880-8800-8678.

Special Mention: Prepare for high volatility with vast Intra swing move, more than 200-400 points since, worst is not over, the Index may trade between 10150-8555, in the ensuing trading sessions.

Trading Strategy: SELL on rise is our mantra, as of now in F&O segment, if Nifty Index unless it closes above 10300 for three consecutive trading sessions or try to BUY near 8555 in Nifty Index levels. BISTA Privilege members booked a huge profit in Nifty Futures Swing short position till Friday and we re-entered the short position once again yesterday and making good profit.

Investors/traders may keep invest in parts on the low valuation stocks on the top Nifty-50 stocks for long term perspective till 9000-8555 levels in the Nifty Index or for a short term play and book profit for 5-10% profit. Further details please do call us on 98410 48022/90805 71223 or contact thro' whatsapp: 99624 70636.

Please read carefully, the Disclaimer published on the Disclaimer page. Wishing you for a safe and secured trading.