Nifty is likely to open flat. with DOJI ending in +ve, an initial upmove could be seen in 1st half. the OI position if finely balanced at 19800 wile the MAX pain is seen @ 19700 suggesting that the price should eventually move towards 19700 levels in 2nd half for expiry and hence expecting a down move. expected range for expiry day -19700-19950
if market opens flat and moves down immediately, would go for PE. likely targets 19800,750,700
if markets are openeing gapup, wait for retracement and price action confirmation. if markets are opening gap dow, then depending on levels should go for PE
This is my personal views and not an invite to trade
I am not sebi regsistered RA. Please trade after your own due diligence
if market opens flat and moves down immediately, would go for PE. likely targets 19800,750,700
if markets are openeing gapup, wait for retracement and price action confirmation. if markets are opening gap dow, then depending on levels should go for PE
This is my personal views and not an invite to trade
I am not sebi regsistered RA. Please trade after your own due diligence