Today is a great day to eat premiums. The index is in range with no trigger on the buying option till now. Below 28285 if 15 min candle closes then go for short for 300-500 points. 28640 will act as resistance in the 1 hr chart. Writers will make money today plus there is news about the package hence volatility will kick out retail trader first then may move in the same direction. You can short options above below the shown levels.
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keep watching
Commentaire:
WOW triggered and boomed 28066 low... since expiry is there 27935 could come
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You can see how the market has respected the trendline which is drawn here and that acted as resistance, longer time frameworks most of the time. Hence today was writer's day as expected.
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Target hit from 28285 to 27809 .. more than 450 point move in spot