Note : A piece of advice to traders that if such high is there , either buy straddles or try very cheap option because high premium can go 50% down in 5 seconds.
24596 proved resistance in last hour and bank nifty did closed around 500 pts up in last 30 min due to excess offers as I updated at 11:30 AM
Resistance for the day
Support for the day
Initial range , sharp rally into close
I'll try to short puts near support
Real time updates
Will update whenever I get time
Note on global equities : This 1987 style crash where dow went 23% in a single session is sending shock waves among world traders. Traders are advised to either stay in with lowest possible risk or just stay out.
These kind of big falls trigger margin calls not only for retail but hedge funds are also finding it difficult to hedge, so protect your capital and windfall gains in any trade will be taken back by market in next trade , so stick to your strategy for medium and long term and protect your capital and don't go all in rambo style.