So for tomorrow there is a simple Strategy.
If Nifty cross 15680, we will buy 15700 CE for 40 points.
If Nifty goes below 15620, then you should go for PE.
If Nifty give gap down below 15620, then you should go for call option once it goes above 15620.
If Nifty give Gapup Opening then buy on dip strategy will apply.
Keep learning keep earning
Explanation on the chart.
The price seems to be rejecting lower levels very sharply and seems to be consolidating above the 200MA on the 1 hour chart. 1900 is also a psychological level that is acting as a good support over the last couple of sessions.
I would consider the current price to be a good entry point on the stock with a medium term perspective and...