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 11570-11610 and resistance is between 11890-11930.
BANKNIFTY short term support is between 29890-29990 and resistance is between 30320-30420.
Can go short on rally.
Last Trading Day's Highlights for us:
1. All stock option strategy positional trades are in control.
2. Initiated BANKNIFTY monthly positional trades.
3. Initiated NIFTY monthly positional trades.
4. Intraday trades were closed in GREEN.
5. Upcoming Option strategy workshop is planned in Mumbai on Feb 8-9.
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