5530 Struck in trading range
1. Evidence of trading range are
a) trading in yesterday high and low and even weekly high and low.
b)Below the mid point in 15 min and within the Yesterday CPR.
c)Yesterday huge call writing at 38500 Ce and forms the strong resistance.
d) 37000 puts forms the supports as more puts are written over there
2.39000 to 37000 forms the trading range for the day
however, the PCR shows the bearish bias, as 0.7 PCR in intraday indicates the bearish bias.
3.28.3M calls change of OI compared to puts with 18.8M; However in monthly Oi interpretation, calls and puts are almost equal. 5.9 calls and 6M puts with PCR of 1 indicates the trading range.
4. Todays intraday may be bearish
5. SL compulsory and very important, if one takes 3900 ce short with proper SL in intraday.
a) trading in yesterday high and low and even weekly high and low.
b)Below the mid point in 15 min and within the Yesterday CPR.
c)Yesterday huge call writing at 38500 Ce and forms the strong resistance.
d) 37000 puts forms the supports as more puts are written over there
2.39000 to 37000 forms the trading range for the day
however, the PCR shows the bearish bias, as 0.7 PCR in intraday indicates the bearish bias.
3.28.3M calls change of OI compared to puts with 18.8M; However in monthly Oi interpretation, calls and puts are almost equal. 5.9 calls and 6M puts with PCR of 1 indicates the trading range.
4. Todays intraday may be bearish
5. SL compulsory and very important, if one takes 3900 ce short with proper SL in intraday.
Transaction en cours
Note
Sl hit intiallyagain re entered at higher level..
small profit taken and not expected this big fall.
Trade fermée: cible de profit atteinte
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.