There would be some bounce as lots of shorts have entered the system. So there could be some squeeze and a possible extension of bounce which we saw on Friday. Guess Tuesday's first few hours will tell us,whether its a bounce or new rally.
Sidharth_Kr_Jain
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Sir. Share your view as of today. Could go short at 9830 level or wait for 100 point bounce at 9930-50 for shorting
abhikukreja
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@Siddharth_Kr_Jain,
You could add some shorts in 9950-9960 range, may be like 10-20% of ur total position...SL should be around 9890 for this.
abhikukreja
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@Siddharth_Kr_Jain, 9900 should be a resistance area for this pullback