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- We had a slightly flat day yesterday, both nifty and banknifty closed almost flat.
- Jerome powell made some statements about inflation and their QE related programs, market fell for a while and recovered. Seems everyday we are looking for V-Shape recoveries.
- Inflation has taken totally centre stage now wit some concerns of new variants.
- Nifty and bank nifty are near the range resistances, if broken we shaould see a trend rally.
- Otherwise sell the rip and then buy the dip.
- Will sell call options with Sl or probaly will do a butterfly today. lets see.