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Please comment your views abot the same.
Close (1 hr) < 95 --> Big Downside (More Likely)
Close (1 hr >100) --> Trigger Short covering (Less lIkely)
An exceptional case, lets see what happens at this counter
Levels mentioned in chart
SL is just for managing risk
Levels mentioned in chart...
Huge CE OI created on Friday in expectation of very positive OPEC outcome.
Though Oil Prices are rising, things could turn around fast.
If Conditions are met then a huge short covering rally wiil be seen.
Sell CE above 345 (till 340 is breached)
Sell PE below 325 (till 330 is breached)
Levels Mentioned in chart
Lvels Mentioned in Chart
Levels Mentioned in Chart
Sell only after a bearish Candle stick forms.
Levels mentioned in Chart
RISK: Trumo Tweet
Weak- OI Data and @Crucial Support
IF Close(15 min) < 1011
TGT : 1000
Taking the lead in the sector due to Short Covering.
Some Interesting patterns and sentiments developing in the oversold stock of CANFIN homes.
Short TGT:883, SL:929