my premarket journal nifty for 6jul23
Huge increase in 19400 Put and 19500 call. markets are likely to open gap up .
FII and retail are long on options and HNIs are short. markets likely to stay up during first half and during 2nd half we could see corrections before expiry.
likely to open around 19420-440.
idea will be to buy above 19460 for target upto 19500. and go short below 19360. if taking resistance @ 19500, then could ride the fall till 19400/19350
Note: i am not sebi registsred and this is my out look . not an invite to trade for any one
FII and retail are long on options and HNIs are short. markets likely to stay up during first half and during 2nd half we could see corrections before expiry.
likely to open around 19420-440.
idea will be to buy above 19460 for target upto 19500. and go short below 19360. if taking resistance @ 19500, then could ride the fall till 19400/19350
Note: i am not sebi registsred and this is my out look . not an invite to trade for any one
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