NIFTY UPDATE

NIFTY, is making week Gaps on both sides. Yesterday I mentioned 16,020-16,120 is critical for any counter bounce to resume. NIFTY has retained that zone but still approach with thin volumes!” Although the TIME is not supported for shorts, Allow yourself to add calls when NIFTY gives a wild swing on downside. 15,400-15,550 is the zone on which the counter rally is based. Market should not be in hurry to break this zone!” As far as this zone holds counter rally can extend till 16,945 on spot. So manage your risk properly. Dont panic when things goes against you. You have to deal with voletility when you trade a counter move!” On TIME front we have 3 critical dates next week. Pattern date on 23rd, vibration date on 26th, and TIME SQUARING, date on 27th, so prepare to deal with some voletility next week!”

Hedging june calls with 15700 put may series at 60. Let’s see

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