@nifty

Sep 17, 2020

In nifty, what happens on 11568, in pr days 11568 is a sell off range, even in 2018 and 2019 , 11568 range is a big sell off range..so market reacts the same, as usual 11568 range did the same, sold many 11600 550 calls, at the peak and got decent money,..market looks a reverse head and shoulder pattern, so based on previous days tommorw it will be goes to 11433,chances are high, 11568 range might be a good resistance for tomorrow, we have to wait and see, once that level broken and we can easily go towards 11800,,top of the inverse head and shoulder pattern