As discussed yesterday market moved linear below decision range and got exact reversal at mid day , taking calls higher by 3x-4x depending on strike , we are positioned in 38500 CE anticipating reversal during day and good gains were made.
Decision range
38683-38751
Support for the day
38370
Resistance for the day
38997
Expectations / Trading ideas
Market is expected to be in a narrow range , option buyers should take day off and enjoy weekend
Real time updates
We were aware about the reversal in afternoon and waited for deep levels to enter , rest of the updates were profitable , for more details refer below
Decision range
38683-38751
Support for the day
38370
Resistance for the day
38997
Expectations / Trading ideas
Market is expected to be in a narrow range , option buyers should take day off and enjoy weekend
Real time updates
We were aware about the reversal in afternoon and waited for deep levels to enter , rest of the updates were profitable , for more details refer below
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.
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.