Market View: The US markets and the European markets closed i | STOCKS INTRADAY BANKNIFTY OPTIONS

Market View:

The US markets and the European markets closed in the red. The Asian markets are trading higher. The U.S. Futures and the European futures are trading in the green.

Today don’t touch pe at the opening or the whole day. In fact just wait and see. It is possible for Nifty to recover yesterday’s entire loss.
Don't take and hold trades with blindly following this view.Do proper Risk Management

Expecting Nifty range to be 15900-16080-16160 and Banknifty 33500-33700-34100

Our markets could not make a recovery and we are almost near the low created during the initial days of Ukraine war. We had an unsatisfactory US inflation data and a fear of India CPI. Our Consumer Price Inflation came out at 7.79%, higher than the expected 7.5%. Let us see how the markets react to the data.

SBI will announce quarterly earnings today and as you know, volatility accompanies SBI results always.