That was a huge gap down today and the gap sustained during today's trading hour, after such a change we should not take a trade tomorrow. But I will wait for the index to correct a little more then I will buy, this is completely my style may take a while. As for today's data, FII's have covered Index_Future long, 19300 and added short of 6900 contracts.
call long-14494
call short- 70548
put long- 39895
put short- 13600
The weak side of long is clearly visible. So, I will wait and Buy as soon as it looks good. Till then, Happy trading folks
call long-14494
call short- 70548
put long- 39895
put short- 13600
The weak side of long is clearly visible. So, I will wait and Buy as soon as it looks good. Till then, Happy trading folks