As open interest suggest the range for current week expiry is between 17600-18000. There is a huge put writing at 17800pe(support) and huge call writing at 18000ce(Resistance).
For tomorrow intraday i.e 12oct watch out for 17900pe and 18000ce option. Either nifty will move in this range for premium eating or If any of the above option comes in the money buy it because writers will run for cover. All the best
Note: only for educational purpose and my personal view.
For tomorrow intraday i.e 12oct watch out for 17900pe and 18000ce option. Either nifty will move in this range for premium eating or If any of the above option comes in the money buy it because writers will run for cover. All the best
Note: only for educational purpose and my personal view.