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We have a Nifty 22400 pe and Vedanta 370 pe as open trades

It's a sell on rise Market and we have been doing the same in our premium channel. Don't go long here as the market doesn't seem to have the required momentum. Sell on rise is better strategy till Nifty doesn't close above 23000

Even with this sudden spike in markets, the India vix has not come down indicating the players are still in panic. We will wait and see how things unfold tomorrow. Also the average closing should come down

I feel today's closing should be below 22000 and also tomorrow we should see another gap down opening because of the massive selling today

This particular area will act as strong selling zone or resistance zone in Nifty as previously Nifty took support at this area for almost 4 times. Now since it is broken with high volume, this will act as strong selling zone

Today might be the last of the red candles. Probably from tomorrow we would see upward momentum till 24000 in Nifty. So better don't be short on the index

Divislab at 6094 Sl:- 5940 Target:- 6300+ You can buy in options and futures

Keep an eye on Voltas at 1834. It can move towards 1950 in next 6-7 days

This January we might see Nifty aiming for 25000+ again. Charts look good for an upmove here and if we manage to close positive then the next 3 days in this week gonna be a good rally

Bse 5300 ce:- 280 Strict sl:- 210 Target:- 400+

Booked siemens

These are my open positions as of now

Aditya Birla Capital 202.5 ce:- 5.05 Sl:- 3.7 Target:- 8-8.5

Nifty Auto looks good for an upmove. If Nifty has to go up from here then Auto sector will have to perform and looks like the chart structure is perfect for an upmove

First target done

Balkrishna Industries 2900 ce:- 60 Sl:- 43 Target:- 100+

Nifty 24600 ce dec end:- 340 Sl:- 310 Target:- 390-450

Book LT and exit

Do not miss LT

You can buy LT