Final Rollovers data suggests a make or break scenario for the Markets this series, with NIFTY rolls being in line, whereas BANKNIFTY rolls being below the 3 months average.
NIFTY option chain reflects on a wide range in between 20800-22800 zones, with a narrow base in between 21400-22300 levels.
So a buy on declines till 21800/21500 for monthly play is well recommended, otherwise a fresh breakout play for new all-time highs above 22350 zones.
BANKNIFTY option chain also widely spread in between 43000-48500 zones, so crucial levels we are at now at 46000 levels…
