Indian Indices (Fut) Last Session: 🟢 Nifty closed near the day high paring previous day losses. 🟢 BankNifty closed marginally lower failing to break 37500.
Institutional Data: 🔴 FII sold net 221 cr worth stocks & index excluding option
#Nifty Technicals: 🔴 Nifty trading below ST(10,2) and below the 10/20/50 DEMA 🔴 High vol on down bar, low vol on up bar. -ve #PriceAction 🔴 RSIStair bearish D(41.0), W(59.2), M(77.37) & ADX D(19.4)
Global markets (Last Session): 🟠European markets closed higher near highest point of day. 🔴 DXY closed @96.78 (-0.05%). US 10YR yield @1.636 (-0.13%) 🟠Brent crude closed @82.24 with 0.1% up from previous day
Yesterday Closing #Nifty Trade: 🟢 #BullishBrokenWingStraddle (-2x ATM PE, -1x ATM/OTM CE) 🟡 Need to book loss if we sustain below 17403 for 30 min
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Intraday Index Trade Plan 🔴 #BearishBrokenWingStraddle (-2x ATM CE, -1x ATM/OTM PE)