Hello,
Please find the Demand and Supply Zones and OI position in the Chart.
Nifty is trading in the sideways Zone: 12290-12400.
Plan A: If it will sustain above 12350 then I may sell 12300 put.
Plan B: If it will sustain below 12350 then I will avoid trading in Nifty.
Plan C: If it will sustain above 12400 then I may take a long position.
Plan D: If it will...
In the past 2 months Nifty has given us many shockers. From the major fall on 21 Sept to the Sudden Recovery of 150/ 800 Points in Nifty / Bank Nifty out of nowhere on 10 October.
FII / DII are large investor and have the money and techniques to move the market in the direction they wish to. In started in September when they began to take Short Positions. Since...