The FINNIFTY faced the hurdle at 20938 level and is retracing below it currently. Good call writing at 21000CE/20900CE level must be done by writers. Thereafter we have hit 20500 level so we saw decay in calls from 21000ce to 20500ce levels. Currently we have closed at 20619.70 level on Monday. The level to watch intraday is 20593.70 as seen on chart on the downside and 20706.45 on the upside. Between this range we may see sideways action.
Happy Trading !!!
Happy Trading !!!