Day Trading Stocks & Futures

kharikumaar

Well-Known Member
To continue. looking at the option chain now,
Please understand that this is just a very crude analysis that i do and does not have any prescribed methodical support. i could well be wrong but i am just trying to explain one of the pointers i look at.

i see that the put options are still in good volume between 24500 - 24000, and i dont see a corresponding strength in the call options above 25500. there is also a decent volume at 10000 pe. This is the reading i got today. this could well change later.

so even though the market is going up i personally would be cautious at levels above/ after 25500,
 

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