Good Morning..
Nifty breakdown predicted y'day at 11 & 12.38.. and Nifty break all the support... This how options chain can used... FII added Index Long (5k) & Stock futures Long (11.6k) but at the same time Index Short (4.6k) and at stock short (11k)..
Option chain given Indication that more downside is intact... Put writers are exiting from even 10600 which is very negative.
Now our third Target 10600 is going hit by today ?
So we will not trade till clear direction.