Expect a gap down open for Indian markets and the traders who are holding shorts / PE should try to exit at open and prefer intra-day trades thereafter. There are some chances for recovery and the intra-day traders may initiate long with strict SL. High risk traders may carry long / CE for tomorrow, to cover Thursday EOD.
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DISCLAIMER:
Investment in stock markets is very risky(so it is always better to advise others than trading own). Any analysis is not 100% accurate and for best results, always check charts (?) before investing or trading. No responsibility is assumed for any adverse consequence resulting out of acting on them. Lastly, the blogger may have positions (opposite too) in the trades mentioned in this blog.
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