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.
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.
1. Fall is more severe than 2008
2. Job less claim rised all time high in US
3. Its a dipression we are in not recession.
4. So if you look at dipression chart, index retraced as good as 10%-15%.
5. Current move is not supported by open interest.
It is declining contantly.