NIFTY is likely to open negative.
It is likely to remain negative in the later part of the day.
NIFTY short term support is between 11990-12010 and resistance is between 12290-12330.
BANKNIFTY short term support is between 30400-30500 and resistance is between 31390-31490.
Can go short on rise.
Last Trading Day's Highlights for us:
1. All stock option strategy positional trades are in control. However one is in RED.
2. Initiated BANKNIFTY weekly positional trades.
3. Intraday trades were closed in GREEN.
4. Upcoming Option strategy workshop is planned in Delhi on Feb 1-2.
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