Based on Alligator I am bullish on #Nifty #Nifty50 for quite a long time. Every time we see a selling, there is a long buildup. India Vix has been continuously falling and PCR remains bullish with rising max pain. Last resistance was at 11400 & we are still facing resistance. 1/n

I will be keeping a close watch on 11400 CE and 11300 PE via #IntradayExplosion of what direction we may get. I am trading with bullish bias. Since it is monthly expiry, I cannot rule out Volatility as that is the new norm. Below 11300 I will create Bearish-Sideways positions.2/n

Coming to #BankNifty, it has been squeezing in a horizontal channel on daily charts for long time now. Future data is inconclusive and giving no direction. Quant is sideways. Resistance is at 22400 so thats the level I am watching through #IntradayExplosion 3/n

I already have position of sideways. If I get further signal, then will add bullish positions to #BankNifty. Downside trigger is 22000. Its going to be one hell of a week. Trading with sideways bias on Bank Nifty. End of Thread.