Exact reversal happened at these times... how can you know this... great stuff!!
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All levels worked today... thanks again!
@altafkhan Global indices 3-4% high, even sgx nifty high 100 points, indicate a gap-up market. However, Indian market are still weak, better to take a conservative approach
Power distribution is privatised, coal sector as well
Though these actions doesn't seems to be necessary at this his point, but private players would benefit
Should be a cheer for market
I have bullish view.. global indexes seems to be in green today
Expecting monday gap-up opening
I made profits follow you today as well.. thanks
I studied option chain data, puts OIs not so much.. maybe market can continue falling... but strange part is there was no short cover in put OIs, maybe some traders are expecting bounce back.. would be an interesting day!
I agree... 9055 is acting as good support... If sustain then definitely upmove expected
Correction: As SGX nifty is down as well as futures is down, gap-down expected opening (-200 points)
Actually, tomorrow's day would be interesting observing the option chain. Even 9300 put OI is good (change is OI 5L).. however call side OI is way higher than put side OI
Thanks for the analysis.. 9400 also has good OI, may also act as good resistance
Buying expected from only retail investors
Expecting gap-up and then down as all global indices are down
What a analysis.. nifty got support at 9350
Booked some profits before market bounced back
Thanks 😀
Sell call or buy put once nifty breaches 9375 support level
Gap-up opening expected.. however would nifty sustain the gains today?