Reliance towards fresh highs
Updated
on the fresh news of international investments in Reliance retail, it has broken the consolidation line of 2194 with high volumes.
post-2200, a massive short-covering will lift the prices higher, 32 lakh call writers are trapped at 2200 CE.
considering the jio pattern, we can expect every weekend some news for next 3-4 weeks.
PS: call writers are shifting to 2400 CE to 2460 CE, price stable with increasing OI
time 11:44 AM
post-2200, a massive short-covering will lift the prices higher, 32 lakh call writers are trapped at 2200 CE.
considering the jio pattern, we can expect every weekend some news for next 3-4 weeks.
PS: call writers are shifting to 2400 CE to 2460 CE, price stable with increasing OI
time 11:44 AM
Comment
another news of Amazon investing 20 bn $now time for 2300 CE writers to trap another 30 -40 points move awaited
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