The markets are perched precariously at support levels. Even though we remain in a firm downtrend, a small bounce from the current levels cannot be ruled out. Like a few days ago, have brought NIFTY Calls the previous day as a BTST trade.
Overall, the truncated trading week should see ranged consolidation in the 37600-37900 (11150-11250) band before breaking 37600 (11150).
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