Technical Analysis -- Nifty Futures: NF continued Lower-high and Lower-low formation for a 5th consecutive day. Reading the occurrence of Doji in this context, one can expect it to cause a technical pullback. As long as Index sustains above 10, mark there will be hope for a pullback rally towards 10,, zone. But option data and volatility is not giving any clue for the reversal as of now. Maximum OI was placed 10, strike.
India VIX moved up by 1. It continued its formation of Lower highs--Lower lows and needs to hold above 25, zone. On the Stocks front, long position was seen on the counters of PNB. Nifty Futures Intraday Trading Levels for Therefore, put a full stop to all your recurring losses. We have developed an Innovative, Foolproof nifty option strategy. The strategy is safe, robust and protects the capital from all kinds of trading risks.
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