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Summary

Extreme volitality Euphoria after a decent budget led to 17972 and 42015 highs but failed and Subsequently fell to 17350 and 39490 respectively. Huge swings in both Index mood soured by Wipeout of Adani stocks most down 10 20%.

BEML Bought 1535 made high 1580 but subsequently came down and hit sl 1435.

Nifty 18100 pe bought 210 215 completed both Targets and made high 712

Nifty 17800 ce bought 60 hit sl 30

Tcs 3400 ce added end 70 holding

Average day with one good catch but overall avoided over trading in high volatile market. Now FPO and budget out of way things should stabalize. Today low 17350 near 200 DMA important and on breaking this fall towards 16800 17000 level. Resistance remains 17900 18000.

#TradeAdda #NIFTY50 #NIFTYBANK