Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the trend instantly. Focus on learning so you can take correct/better decision based on your analytical skills. PLEASE NOTE THAT NO ONE CAN BE 100% CORRECT. OVERALL, WE SHOULD CONTINUE TO LEARN & BE ABLE TO CLOSE IN PROFIT EVEN IF WE ARE 50% CORRECT WITH RISK REWARD RATIO 1:2
Bank Nifty remained volatile and closed in green with max OI on call side at 38500 and max oi on put side at 37000. PCR is in bearish zone. However, long buildup observed in ATM call option, Short buidup in OTM and short covering in ITM. Heavy put writing was also observed. FII were net buyer on Friday. Nasdaq closed in Red (-100). China-Taiwan matter is getting heatup. Is any dip going to be buying opportunity for long term investors?
Bank Nifty remained volatile and closed in green with max OI on call side at 38500 and max oi on put side at 37000. PCR is in bearish zone. However, long buildup observed in ATM call option, Short buidup in OTM and short covering in ITM. Heavy put writing was also observed. FII were net buyer on Friday. Nasdaq closed in Red (-100). China-Taiwan matter is getting heatup. Is any dip going to be buying opportunity for long term investors?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.