Market has seen gap up opening of NIFTY last few weeks with improved
exponential momentum. It will eventually subside due to proft booking
at ATH levels thus correction to fill these gaps. The expected levels of
correction are 15870 to 15650.
@beingarshadkhan, hi, I'm not sebi registered or any financial advisor. I have only presented my views. 15860-15900 were important support levels for NIFTY, once breached there was no need to carry PE position. Your PE option will loose its value anyway closer to expiry so better to exit asap. Waiting for correction to reduce/cover losses is double edged sword.