18.03.2020 Wednesday, 8.33 am 

What has happened yesterday? Nifty index as expected opened with positive bias at our first level resistance i.e 9325, made a  high 9309 thereafter, the brief sell-off dragged the Index till 9018 then, the Intra volatility swing pulled the Index till our next level resistance i.e 9415, made a day high 9403.80, the late hour sell-off dragged the Index once again till 8915.60 and closed the day at 8967.05 with negative bias.

What will happen today? Nifty Index may open on a flat note with positive bias to test 9065-9100, if trade and sustain above 9100 then, it may re-test 9165-9240-9355-9415-9475-9510. On the other hand, the immediate support lies at 8960-8915, if trade and sustian below 8915 then, it may re-test 8878-8850-8745-8678-8555.

Special Mention: Prepare for high volatility with vast Intra swing move, more than 300-600 points since, worst is behind us, today, minor pull back may be possible till 9400-9600 levels.

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 8700-8555 in Nifty Index levels. BISTA Privilege members booked a huge profit in Nifty Futures Swing short position till 13th Mar-Friday and we re-entered the short position once again yesterday and made good profit and re-entered sell once again.

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.

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