Nifty formed an green hammer (Which is telling that there was selling pressure during the day ultimately a strong buying pressure drove the prices . This is what happened today) And if we see the intraday volatility today is about 0.72% which is good volatility range Positive sign :- closed above intraday pivot control point of 17500 level which is 1st resistance level for Nifty today I give an caution for option sellers (u can see in mine profile) ie. CALL shorts will get covered if breakout of 17500-17530 levels If go and see the option chain data (Given link below ) u can more shorts get covered in between strikes of 17500 to 17800 .
Let's watch out intraday levels for Nifty for 22 SEP 🎯 Key levels Buying CALL only above 17620-17650 level which very crucial resistance zone And Buying PUT option only when traded below the 17330-17300 level which is very crucial support zone [for option buyers]
And Nifty will become when it's Traded below the 17450 level which is control pivot point region and don't short market until breakdown down this level [call writers] otherwise u will run for covering
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.