MARCH series-Day5 ,NiftySpot:5340 (-45)
The Effective Zone is continued to be same 5000~5600.This is going to be
a longer period as we having a LONG expiry.
5100CE has less total OI less than Million and hence CALL window is appearing
so.
Major OI addition was seen on both CALLs and PUTs sides, mostly.
Everybody is holding cards to their chest ,hoping market will go in that direction.
But on longer frame ,market will go in DOWN direction,because we tested
"Resistance" (Bollinger TOP band) .