Low effort 3 am post
purple box kind of a support
Yellow lines below it will act as support that triangle seems like consolidation
Pink dotted lines are the channel to the moon it's yet to fall from it if it falls them might start shorting or selling calls or whatever
It's is forming a bearish pattern on the long term chart but global cues are literally like...
Looking at the nifty futures I think 13400-13450 levels will see massive shorting again
To play it safe I'll be going long till 13400 levels and then switch to the bear gang
Today's market was range bound due to expiry but but tomorrow we can see a trending market. I'm still positive on the market as this market rally is basically fii's buying and they bought 3500 Cr again today, the option chain has has slightly more put writing than call writing but basically the option chain data is inconclusive. All the world index's are hitting...
Looking at the option chain there's resistance at 13300 levels and sgx nifty futures showed decent levels of profits booking at 13200 levels and closed in the green .30% higher. Tomorrow can be a bit sideways but fii's might show some buying tomorrow aswell just like today's 3500 Cr net buying basically global cue are positive but every time resistance hits...
