nifty: 75 min chart...14700 will act as support and pharma n IT will act as support to mkt, TCS results on monday. therefore, if mkt gives reversal sign at 14700 level then i will enter it 125 points sl as long but if this pink line breakdown given then its trigger for sell.. positionally
nifty monthly oi data: 14k and 14.5k has huge oi on put side 42k contracts means 14k & 14.5k act as support no aggressive call writing seen means if on monday nifty gives 14.7k level then it time for long with 125 points sl if sl triggered n mkt closed below 14.7k then its positional short for 14.2k, 14k and 13.7k
its my view....no recommendation
nifty monthly oi data: 14k and 14.5k has huge oi on put side 42k contracts means 14k & 14.5k act as support no aggressive call writing seen means if on monday nifty gives 14.7k level then it time for long with 125 points sl if sl triggered n mkt closed below 14.7k then its positional short for 14.2k, 14k and 13.7k
its my view....no recommendation
Commento:
NIFTY RESPECTED 14250 LEVELS SO IF NIFTY HOLDS THIS LEVEL THEN OI DATA SAYS ITS BULLISH
