Bear market expected on 29/12/2021 but still market is supreme
Before every analysis I always look after the option chain data for Banknifty. I went to sensibull and just shocked 😱😱.
Option chain data is showing almost 1544 lakhs contracts were sold in 35000-35500 call options. So a big pressure and that's the reason market can't go up or gives closing above 35500 mark.
Again a bear market 😐😐🙄🙄.
Intraday level is given in this above photo for 29/12/2021
Option chain data is showing almost 1544 lakhs contracts were sold in 35000-35500 call options. So a big pressure and that's the reason market can't go up or gives closing above 35500 mark.
Again a bear market 😐😐🙄🙄.
Intraday level is given in this above photo for 29/12/2021
Trade closed manually
Intraday level is given in this above photo for 29/12/2021