Nifty opened with a big gap-down and went up to 15825 zones where it faced rejection. We suggested buying 15850 PE near 65 in the morning which went 80+ in no time. We also bought 15800 PE around 12 but due to slow movement exit around cost though it went to 33 around 2:45.
Nifty is looking strong and if it sustains above 15840 tomorrow, we may see marked levels, Buyers be cautious in the 15920-15960 zone as we saw a big rejection last time.