nifty 30 min chart : 1. RSI divergence... 2. at resistance ...denoted by black TL... 3. option charts - 9300 CE not able to cross 60 today... 9300 PE ddnt break 90...and at multiple support there... 4. i feel sell off should strt from tomorrow..... rest market is supreme... Disclaimer: biased view as having posns & its for self....
Trade closed: target reached
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Comments
neneram
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Today daily charts shows bull reversal candle.
10 lakh open interest addition to 9200 puts ( just before tomorrows sell off ?),9300 call unwinding happening today
Will the sell off come? The above are facts.
Virajsemwal
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@neneram, That we shall know tmrw as market is supreme ...
Rest pl see SgX nifty right now !!
Virajsemwal
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@Virajsemwal, rest evn in bnifty have seen RSI divergence...
Option charts also revealing same...
Rest as I said earlier market shall tell ..
N my views r bias as I hv posns...
Virajsemwal
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@neneram, sir market is supreme.. Though it now has bullish vibes for tmrw n next week ...
neneram
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@Virajsemwal,
Well 9300 call Open interest increased by 9.75 lakh today , so upside seems to be capped, seems like side ways move at least for tomorrow.
9100,9000 put OI is very strong.
VadivalPranchi
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If U think sell off will start from tomorrow In my experience U should be wait up to the closing hours if not a negative opening.
10 lakh open interest addition to 9200 puts ( just before tomorrows sell off ?),9300 call unwinding happening today
Will the sell off come? The above are facts.