Markets were gone absolutely as expected last week, investors fetched decent gains again.
This week we are likely to have a gap up opening on the start but clearly profit booking will come at 3250-3290 levels and the support could be around the 3050. Hence, being a positional trader I recommend to go long on every dip. For swing traders buy the 3300 put when nifty above 3300 keeping the 3350 as stop loss aiming the 3050 levels. For long calls I will update in the mid week.
With thanks
Be and make
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