The derivative data indicates bullish scenario to continue. We can see short covering on every dip just after the start of July series.
We have been seeing put writers aggressively selling puts and call writers unwinding short positions.
On Tuesday, they were active in selling 9800 and 9700 puts which indicate upside to continue. Put OI concentration has shifted towards 9,600 from 9,500 earlier after the start of July series in recent trading sessions.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
No comments:
Post a Comment