Heavy Call writing @ 900 & 920 with a significant increase in change in open interest.
15 April 2020: Big candle with huge volumes might give major support & resistance . (Blue line)
Volume Profile:
Point of control (Redline)
HVN (Black lines)
Price action:
Heavy resistance near 900 level.
Conclusion:
Short sell NSE: HDFCBANK for intraday, it might enter in HVN zone.
900 may act as strong support.In
15 April 2020: Big candle with huge volumes might give major support & resistance . (Blue line)
Volume Profile:
Point of control (Redline)
HVN (Black lines)
Price action:
Heavy resistance near 900 level.
Conclusion:
Short sell NSE: HDFCBANK for intraday, it might enter in HVN zone.
900 may act as strong support.In
Note
GAP up opening, short term trend might have just changed.
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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.