Nifty 50 Index is all set to give big Breakdown tomorrow and complete the Big impulse. Support Zone of Put writers on strike price 16200 and 16100 was broken convincingly today. There is visibility of Put writers running for shelter seen at end of trading Day and OI shading of Put writers clearly visible. Call Writers have shifted their base from 16300 strike to 16100 strike and this indicates clear Gap down opening of minimum 100 points. Immediate target of 15671 is visible and if this is broken, there is indication of 15250-15000 levels in coming 1st week of June Month.
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From mod @zAngus