Nifty 50 IndexShort
Nifty 50
MACD - Monthly Weekly downtick Daily Down
Hourly - uptick
RSI Stochastic bullish divergence
Possibility - Stochastic and RSI from overbought downtick( Shorts calls)
RSI<40 - Might start downwards momentum
Gap up opening takes resistance @17230
17200 CE || 17000 PE
Sell calls on Gap ups of 17200 CE 90
Hourly - uptick
RSI Stochastic bullish divergence
Possibility - Stochastic and RSI from overbought downtick( Shorts calls)
RSI<40 - Might start downwards momentum
Gap up opening takes resistance @17230
17200 CE || 17000 PE
Sell calls on Gap ups of 17200 CE 90
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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.