2nd Aug Strategy:

2nd Aug Strategy:

 

Global: Negative

FII: Negative

DII: Neutral

F&O: Neutral

‪Sentiment: Negative

Trend: Negative

10900-11000 small day range,  Medium range 10825-11075,  Bigger range 10775-11100

BankNifty 28050-28500 small day range, Medium range 27850-28700. Bigger range 27650-28900

For Existing Long Positions:

Nifty intraday n closing SL 11000

BankNifty intraday n closing SL 28350

For Existing Short Positions:

Nifty intraday SL n Closing SL 11100

BankNifty intraday n Closing SL 28800

For New Positions:

Sell Nifty:

SL 11075 Tgt 10900, 10825

Buy Nifty in 10775-10825 range:

SL 10750 Tgt 10875, 10950

Sell BankNifty:

SL 28550 TGT 28050, 27850

Buy BankNifty near 27850:

SL 27800 TGT 28000, 28300

PCR1.15, VIX 14.55

MORE WILL UPDATE SOON!!