Post
pranavwagh
All About Indices
Hello Friends,
Didn't post since sometime, since nothing has changed in the market. In our last analysis, i said that if 18200 gets broken, we'd have a 100 pointer bull run. It did happen like i belived it would be, since then we are stuck between 18200 and 18300. I hope you've made some money by using nutral strategies during this time.
Current OI data suggests that 18300 is still a strong resistance, but yesterday there were a lot of attempts to break it. Tomorrow is the day to watch it closely.
FII activity was fairly bearish
I anticipate that today we'll continue with the same sideways moment.
Trades: Neutral strategy works best in such times. Short iron condor looks good,
Jan 18 3:00 AM
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IDX:NIFTY 50 price when posted: 18,310.1