SGX Nifty is flat right now, early in the morning it was 48 points down, but has recovered.
Nifty and BankNifty will continue to be , though there will be periods of consolidations in between, what TA’s call a time correction.
We are holding Nifty Apr 10300CE and BankNifty 12 Apr 24500CE bought at 140 and 233 yesterday. Previous position in these same options were exited at 21$ and 25% profit!
This time profit will be much bigger. Its the Midas Touch!
Chart above shows Fibo levels to be achieved by BankNifty by 12th Apr .