1. April Derivative data suggest current 9000 level touch is at low volume, there is price - volume divergence. 2. Nifty unable to sustain at 9000 level 3> SL 9100
Use option bear spread to benfit from this move. Trade using future is not advisable as moves in this zone will be jettery.
Trade active
SL need to be change 9300 as there is gap up opening expected 1. RBI governer address. 2. Global markets jumped 2% and more. 3. Corona is just scapegoat of media, real reason will be seen once the corona phase is over.
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