NIFTY is likely to open positive.
It is likely to remain positive to sideways in the later part of the day.
NIFTY short term support is between 12080-12120 and resistance is between 12260-12300.
BANKNIFTY short term support is between 30970-31070 and resistance is between 31570-31670.
Can look for long on drop.
Last Trading Day's Highlights for us:
1. All stock option strategy positional trades are in control.
2. All currency option strategy positional trades are in control.
3. All BANKNIFTY monthly option strategy positional trades are in control.
4. Made some adjustment in BANKNIFTY monthly option strategy positional trades.
5. All NIFTY monthly option strategy positional trades are in control.
6. All weekly BANKNIFTY option strategy positional trades were closed in GREEN.
7. Intraday trades were closed in GREEN.
8. Upcoming Option strategy workshop is planned in Chennai on Feb 15-16.
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