1st Aug Strategy:

1st Aug Strategy:

Global: Negative

FII: Negative

DII: Positive

F&O: Neutral

‪Sentiment: Negative

Trend: Negative

11075-11150 small day range, Medium range 11000-11200

BankNifty 28750-28950 small day range, Medium range 28550-29100

Further down risk opens if Nifty, BankNifty trades below 11000 n 28500

For Existing Long Positions:

Nifty intraday n closing SL 11000

BankNifty intraday n closing SL 28500

For Existing Short Positions:

Nifty intraday SL n Closing SL 11200

BankNifty intraday n Closing SL 29000

For New Positions:

Sell Nifty:

SL 11150 Tgt 11075, 11000

Buy Nifty near 11000:

SL 10950 Tgt 11075, 11100

Sell BankNifty:

SL 29000 TGT 28750, 28550

Buy BankNifty near 28550:

SL 28450 TGT 28700, 28800

PCR 1.09, VIX 13.66

MORE WILL UPDATE SOON!!