nifty
Updated
nifty: 75 min chart...14700 will act as support and pharma n IT will act as support to mkt, TCS results on monday. therefore, if mkt gives reversal sign at 14700 level then i will enter it 125 points sl as long but if this pink line breakdown given then its trigger for sell.. positionally
nifty monthly oi data: 14k and 14.5k has huge oi on put side 42k contracts means 14k & 14.5k act as support no aggressive call writing seen means if on monday nifty gives 14.7k level then it time for long with 125 points sl if sl triggered n mkt closed below 14.7k then its positional short for 14.2k, 14k and 13.7k
its my view....no recommendation
nifty monthly oi data: 14k and 14.5k has huge oi on put side 42k contracts means 14k & 14.5k act as support no aggressive call writing seen means if on monday nifty gives 14.7k level then it time for long with 125 points sl if sl triggered n mkt closed below 14.7k then its positional short for 14.2k, 14k and 13.7k
its my view....no recommendation
Note
NIFTY RESPECTED 14250 LEVELS SO IF NIFTY HOLDS THIS LEVEL THEN OI DATA SAYS ITS BULLISH
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