Nifty 50 Index
Updated

NIFTY Friday Plan

514
HDFC Bank has its result on Saturday. NIFTY may consolidate as you can see it did in past but there is very less chance of fall as Maruti, ITC, ICICI have results which are pretty index heavy.

So, let's follow the ORB. If it's on the sell side. Wait for gap filling and sell 11000 PE for intraday.

In case, Europe opens bearish triggered weekend selloff. We make it a straddle with 11000 CE.
Note
11000 PE gave 20 points. Sold at 95 Closed at 75. Now either close it or make it straddle.

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