Bank Bifty - 15 June 2023 - Closing Analysis & Important Levels

What a day for option buyers !!

After breakout from high & consolidation, Market fell almost 600 points to re-test its last breakout level of 43400. Strength of Put writers will be tested at this level.

If put writers win, market may follow case-1.
If call writers win, market will fall further to test 42900.
Trend Analysis

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