Day Trading Stocks & Futures

Romeo1998

Well-Known Member
@Romeo1998 16000 ce resistance implies resistance for index at OI level and vice versa? sorry if I sound stupid
yes, 16k has highest CE OI, means nifty will expire below 16000, it might or might not go above 16000, but it has very high chance of expiring below 16000, bcoz i assume that CE oi is shorts of ce, n if expire above 16000, then big players will make loss n they dont like to make loss :pompus::DD:DD:DD
 
As of now consolidation :[.
Nifty let it stay above 15580-15590 to break highs now.
BNF apney palley kabhi nahi padah @Romeo1998

yes, 16k has highest CE OI, means nifty will expire below 16000, it might or might not go above 16000, but it has very high chance of expiring below 16000, bcoz i assume that CE oi is shorts of ce, n if expire above 16000, then big players will make loss n they dont like to make loss :pompus::DD:DD:DD
 

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