Technical View
Nifty 23332 - Is near the resistance 23360. As long as it trades below the resistance we shall expect Nifty to test the resistance 23098,22840.
Market View
FII have sold in cash and Write Call options. Last hour around 3 crore short windup and 3 crore profit booking has helped Nifty to rose from 23290 to 23348.
Intraday trade clue based on FII
IF short buildup increase today in morning session, expect Nifty to go up futures as FII has to trap writers.
IF PUT buildup increase today in morning session expect Nifty to go down as FII's has to increase their profit.
Nifty 23332 - Is near the resistance 23360. As long as it trades below the resistance we shall expect Nifty to test the resistance 23098,22840.
Market View
FII have sold in cash and Write Call options. Last hour around 3 crore short windup and 3 crore profit booking has helped Nifty to rose from 23290 to 23348.
Intraday trade clue based on FII
IF short buildup increase today in morning session, expect Nifty to go up futures as FII has to trap writers.
IF PUT buildup increase today in morning session expect Nifty to go down as FII's has to increase their profit.
Note
Nifty 23300 PUT @ 150 at 10:45Note
165 @ 12:50Note
Nifty 23300 PUT @ 190 at 15:20
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.