Description
⋅ As we have discussed in our Video, Nifty is trading at its 200 EMA in 1-H TF, which has been providing very nice support.
PCR = 1.24 (Highly Bullish)
Important Levels: marked on chart
Support: 22000 , 21930
Resistance: 22164, 22428
Verdict: Bullish
Plan of Action:
Sell 22164 CE & 22000 PE. Exit one leg if it breaks the zone. (hedge with 20/- PE)