Addition of 1500000 puts at 7800 strike is indicating 2 faces of coin
1 .Writers are so confident that they will not allow nifty to settle below 7800 and sold bindas 7800 puts .
2. sold puts in morning at higher rates then moved NF above 7830 and shorted NF also at 7830 7843 level thus having covered trade and will make money from both side decay in premium and short trade in NF at 7830 40 level .
Today is Friday today’s move will clearly indicate what they did .
see here http://prntscr.com/463hb1
Nifty eod is showing for bulls domination bollinger giving space to bulls .
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Addition of 1500000 puts at 7800 strike
