NIFTY is likely to open negative (Gap Down).
It is likely to remain negative in the later part of the day.
NIFTY short term support is between 11360-11400 and resistance is between 11610-11650.
BANKNIFTY short term support is between 28450-28550 and resistance is between 30130-30230.
Can look for short on rally.
Last Trading Day's Highlights for us:
1. Monthly stock options were closed in RED.
2. Monthly NIFTY option strategy positional trades were closed in GREEN.
3. Monthly BANKNIFTY option strategy positional trades were closed in GREEN.
4. Weekly BANKNIFTY option strategy positional trades were closed in GREEN.
5. All currency option strategy positional trades for March series are in control.
6. Intraday trades were closed in GREEN.
7. We are taking more than a month long break for workshop. Next workshop is in April.
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