Nifty is now in trading in Wave 3 . Go Long at every dip !!
For This Months Expiry :
Put Writers are not willing to move on upside to write. 10600 PE has max OI still after a rally of 200 points whereas call writers are just confused no clear cut upper resistance zone.
Max OI on 11000 CE - 38 Lakhs Contracts ( Which are in the money ).
Initial Target for Nifty - 11180 - 11200 By this expiry
For This Months Expiry :
Put Writers are not willing to move on upside to write. 10600 PE has max OI still after a rally of 200 points whereas call writers are just confused no clear cut upper resistance zone.
Max OI on 11000 CE - 38 Lakhs Contracts ( Which are in the money ).
Initial Target for Nifty - 11180 - 11200 By this expiry
