ANGELONE – Heavy CE Writing Signals Bearish Bias

________________________________________________________________________________📈 ANGELONE – Heavy CE Writing Signals Bearish Bias Below 2800
🕒 Chart: 15-Min
📆 July 8, 2025
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🔍 What’s Catching Our Eye:
Call writers aggressively building positions from ₹2700 to ₹3000, capping upside.
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📌 What We’re Watching For:
If price fails to cross ₹2750–₹2800, there’s a chance it can fall back toward ₹2600 or lower.
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📌 OI Inference:
CEs are heavily written across the board – from 2700 to 3000 – while PEs are being accumulated.
This is bearish skew with strong support building up around ₹2500–2600.
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🔁 Trend Bias:
🔴 Bearish to Range-Bound – unless price breaks above ₹2837.5 with volume and Call unwinding
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🧠 Trade Logic / Reasoning:
• Multiple Call Strikes are under Short Build-Up
• Strong Put writing from 2700 down to 2400 = hedging for downside
• Price is below most of the heavy Call strikes → smart money may be expecting weakness
• Implied Volatility (IV) on PEs rising → indicates fear of volatility spike on downside
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📍 Important Levels to Mark:
🔺 Top Range (Resistance): ₹2837.5
🔻 Bottom Range (Support): ₹2607.7
🟢 Demand Zone: NA
🔴 Supply Zone: NA
________________________________________________________________________________🎯 Trade Plan (Educational Purpose Only):
✅ Sell (Equity): Near ₹2750–₹2800 if price gets rejected
✅ Buy (Equity): Only above ₹2837.5 with good volume
✅ Best Put to Buy: ₹2700 PE or ₹2600 PE if price starts falling again
❌ Avoid Call Buying: Most Calls are under selling pressure(Look for reversal confirmation)
📌 Strategy Idea (Low Risk):
• Bear Put Spread – Buy 2700 PE, Sell 2600 PE
→ You gain if price falls, but risk is limited
________________________________________________________________________________⚠️ Invalidation Levels:
🔺 If price moves above ₹2837.5, bearish setup may fail
🔻 If price breaks below ₹2607.7, more downside likely
________________________________________________________________________________⚠️ Disclaimer:
This analysis is for educational purposes only.
STWP is not a SEBI-registered advisor.
No buy/sell recommendations are made.
Please consult your financial advisor before trading.
STWP is not responsible for trading decisions based on this post.
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💬 Will ANGELONE bounce or fall more?
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