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- Yesterday was eventful day, bharti artel and other portfolio stocks made new highs.
- Nifty also closed all time high while banknifty closed strongly in green.
- US markets made a comeback from 6 day bear day to close in green.
- Government has given 4yr moratorium for telecom companies to give back the AGR dues.
- While it seems bullish for banking stocks , the price action remains to be seen . Particularly SBI and yes bank.
- So need to be very careful on call options. Most likely have to unwind those early in the day.
- If breakout sustains above 37200, will short PE more.