Yesterday we posted.
Nifty closed in red wid volumes ,indicating that we may witness further weakness ..expecting support at 5380 >>>5410 for tomorrows trades and resistance 5500 ....5510 .....
today nifty got supported at 5427 and closed at 5437 ...and created gap ...expecting the gap to be filled tomorrow ...for that either nifty will open below and close at 5500 or will open at 5460 70 and settle at 5400 tomorrow is expiry and theta is more in 5400 calls so seeing more pain at 5400 in put buyers ....so as per PCR 5400 is more reliable number ...
Nifty closed in red wid volumes ,indicating that we may witness further weakness ..expecting support at 5380 >>>5410 for tomorrows trades and resistance 5500 ....5510 .....
today nifty got supported at 5427 and closed at 5437 ...and created gap ...expecting the gap to be filled tomorrow ...for that either nifty will open below and close at 5500 or will open at 5460 70 and settle at 5400 tomorrow is expiry and theta is more in 5400 calls so seeing more pain at 5400 in put buyers ....so as per PCR 5400 is more reliable number ...
