Wavozen

5918 . The 28 aprl expiry possibility of DOJI candle (17500)

Wavozen Updated   
NSEIX:NIFTY1!   GIFT NIFTY 50 INDEX FUTURES
Long possibility for reason
a) Last week expiry is doji indicating the higher time frame formation at monthly candle also doji (This is only probability)
b) reason for doji is most of the internal daily candles are consolidation mode and hence this month candle also has chance of formation doji.
c) 28Aprl expiry expecting to close at 17500 and may be because of short covering.
Trade closed: stop reached:
it looks most of the short straddle is concentrated at 17200.
still expecting 17200 expiry by tomorrow.
Comment:
expiry happened 17250 .. touched 17300

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.