Incoming Bearish Market For The Near Future

Nifty is supremely stretched and has made an ingulfing pattern on weekly chart. 22,500 will likely act as a strong resistance and will take some time to be breached. A subsequent lower high can trigger a steep fall up to 22,000.

Option sellers will have started selling 25,500 calls.

Option buyers should be waiting for a lower high before buying puts at likely demand areas.

Mutual fund investors...RIP.

Nota
Last week 22500 CE closed at 0. This week will have high premiums.
Candlestick Analysis

Declinazione di responsabilità