Bajaj Finance saw a strong up move with increasing volumes. But there was a pullback as per the basic theories of PA and the support was found and it it going towards the resistance of 3720. If it crosses 3720 with volume. It can give a sharper upmove !
Futures data suggest that the pullback has seen no change in futures OI. Also options data suggest call OI is decreasing and Put OI is increasing ! (Basically put writers in action)
Futures data suggest that the pullback has seen no change in futures OI. Also options data suggest call OI is decreasing and Put OI is increasing ! (Basically put writers in action)