The markets managed to hold the support/ Stop-Loss zone of 16837_16700 for the 2nd day too.
We have carried over aggressive NIFTY & BANKNIFTY longs from the fag end of Friday's session. If the 16837_16700 zone is holding on, we will remain aggressively bullish / long on the markets.
For conservative traders, the NIFTY is in a NO TRADE ZONE till we see a 2-day consecutive close above 58430/17480 – its best that they look for stock-specific opportunities from the F&O space.
31 Jan 22
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