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 29350-29450 and resistance is between 30320-30420.
Can go long on drop.
1. All stock option strategy positional trades are in control.
2. All BANKNIFTY monthly positional trades are in control.
3. All NIFTY monthly positional trades are in control.
4. Intraday trades were closed in GREEN.
5. Upcoming Option strategy workshop is planned in Mumbai on Feb 8-9.
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