Nifty 50 IndexShort
Nifty Analysis for expiry day 13/08/2020
Nifty on 12 Aug 2020 was overall bearish. I think it will be remaining bullish tomorrow also.
Crucial Resistance are: 11000 11060 11220 11315 11380
Also PCR has increased 10.70% but significant call writing can be seen at level 11300 and 11350 levels.
Personally sold call option of 11350 (at price 33) for tomorrow expiry.
Will be selling 5 more lot of 11300 CE if nifty open around 11315 resistance zone.
Crucial Resistance are: 11000 11060 11220 11315 11380
Also PCR has increased 10.70% but significant call writing can be seen at level 11300 and 11350 levels.
Personally sold call option of 11350 (at price 33) for tomorrow expiry.
Will be selling 5 more lot of 11300 CE if nifty open around 11315 resistance zone.
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