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Viwoke
Mar 16, 2021 6:57 AM

Nifty Put Buyers your time is now Short

Nifty 50 IndexNSE

Description

Put side OI to Volume ratio is quite good.
Add in increasing short positions on 14800-14950 range as well falling strength/RSI. Definitely a small opportunity to make tiny profits.

Overall market direction is still skywards so careful to not lose to your greed.

Trade closed: target reached

Time to book profit however little they maybe and wait for another reversal. This time on the upside.
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