Trend Line Broken
Strong Call Writing beyond 15700
Limited Puts
15800 // 16000 - May act as Resistance
PCR Bullish but strike prices support and resistances will be clear tomorrow
If it fails to hold 15650 Level - Downtrend may continue-expect minor corrections
Possible Trade-Sell 16000CE if downtrend continues. Hold till Monday morning.
(For education purpose only)
By --
Mukund
Trader Deck
17th June 2021
Strong Call Writing beyond 15700
Limited Puts
15800 // 16000 - May act as Resistance
PCR Bullish but strike prices support and resistances will be clear tomorrow
If it fails to hold 15650 Level - Downtrend may continue-expect minor corrections
Possible Trade-Sell 16000CE if downtrend continues. Hold till Monday morning.
(For education purpose only)
By --
Mukund
Trader Deck
17th June 2021