Friday, June 7, 2019
Courtesy : Sheethal
11900 put option....chart is self explanatory
Sheetal says.....price is below resistance....(today made attempt to close above resistance....end of the day closed below the level)...
No positional sell as such...
Just for knowledge purpose...
Thanks sheetal for your feedback and analysis.......good going... keep it up...
Nifty
Nifty positional view... no positional short for sure...holding and trading all levels..
Best way....use swing reversals and trade...
Chart is self explanatory...
Both call and put trading below resistance....
11800 call resistance 405...
11800 put resistance 646...
Interesting point
11800 call trading and holding above support 123.60...
11800 put trading below support 166.90...
Based on above....bulls are having upper hand..
My take....concentrate on swing trades....(next week is going to be our entry)..
Nifty
Nifty 11800 put cmp...55......83.40 is stiff resistance.....support 30.10...
No positional trend in Index....
Only swing trades...
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