#banknifty Decision Zone:- 23,962 - 24,077 above long & below short.
The next round of selling is below 23,867, correction posibility:- 23,676 / 23,365 and trend will change only below 22,970.
Monday's correction was normal and don't see a change in trend and won't hesitate to go long.
Resistance Zone:- 24,250 - 24,380, once crossed we will be back to...
I am expecting Nifty atleast to touch 11000. But due to expiry and upcoming results I "think" it will settle around 11500. Anyways, "My view" doesn't matter. If it triggers short, short it.
Sell 12100CE+ Buy 12300CE = Safe Bet
Primary Retracement. See it in more higher timeframe.
Their company portfolio has not seen ANY POSITIVE IMPACT from covid unlike other IT companies.
Number of marriages declined!
Number of the need of tour operator lessened.