Nifty, bank nifty seems to have hit the bottom yesterday - as it did not breach 11637.50 Lakshman rekha. REason for this message

12117 recent swing high minus 11170 previous swing high from where nifty crashed / 2 + 11170

(12103.55-11171.60)/2+11171.60 = 11637.6

ns and nf both held 11637 and todays ns low 11641.15

Feel bottom seen as of now - also in 4 hour charts 3 consecutive doji candles at the bottom says it may be accumulation, tomorrow will be interesting if its going to be momentum) ydays calls yes bank, coal India and zee all returned value. Today's view buy 30300 ce at 192 levels or 30500 ce near 72-75 for 4 x return..

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