The range bound day. As I expected, NIFTY is chopping around key levels like 9300.
9:45 Initial Selling from 9385. Clearly establishing as resistance.
11:00 Follow up moves after selling is missing.
11:30 Selling around 9300. Crossed Low of the Day.
01:30 Consolidation in the range. Wait for breakout
03:00 Last Hour Selling.
From Price Action , I think
1. The selling force was higher. But for every selling move, there was no follow up.
2. For now, 9385 - 9350 region is a resistance zone.
3. In last 10 days, there is common pattern - Gap up but face resistance. I think NIFTY may not gap up but rather build strength from downside.
Hence I am carrying the sold CALL overnight.
9:45 Initial Selling from 9385. Clearly establishing as resistance.
11:00 Follow up moves after selling is missing.
11:30 Selling around 9300. Crossed Low of the Day.
01:30 Consolidation in the range. Wait for breakout
03:00 Last Hour Selling.
From Price Action , I think
1. The selling force was higher. But for every selling move, there was no follow up.
2. For now, 9385 - 9350 region is a resistance zone.
3. In last 10 days, there is common pattern - Gap up but face resistance. I think NIFTY may not gap up but rather build strength from downside.
Hence I am carrying the sold CALL overnight.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.