Aggressive call writing is happening at Nifty 24,800. It’s nearly impossible for #NIFTY50 to rise above 24,800 intraday. Fresh short positions are b...read more
@backtesting0117 At 24,800, there are an equal number of PUT and CALL writers, indicating a potential fight. There is strong resistance at the 24,900 level, so wait for a breakout or breakdown.
#NIFTY50 is expected to trade sideways today within the range of 24,700 to 24,800 during intraday. Avoid buying options today, but if you are an opt...read more
In #NIFTY50, the 24,800 level has become a strong resistance zone. Intraday, you can short Nifty with a target of 24,620, placing a stop loss at 24,830.