according to me we can see a upper movement in "V" shape again. Its very Important level for today. if it break down will be a big fall. present market open gap up and taking support at Fib level.
lets see
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i am waiting till 10:30 am as its budget can be more volatile . be more careful with investment
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NIFTY O.I DATA IS NEGATIVE & BANK NIFTY IS POSITIVE. OVERALL NEGATIVE MOVE
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If price sustains above banknifty Spot chart 31690 on 10 Min CLBS then only will think to Buy CE Naked Or one can do Bear Spread will be good .