Today nifty did manage to break the 14730 resistance at the day end.
Double bottom pattern breakout observed
Buy on dips could be the strategy for the coming week
Stay cautiously bullish till we don't break above the psychological 15k mark.
IMP : View negated if we close below 14610.
Open Intrest
Huge Put writing in 14700/14600/14500 strikes
Call writing in 14700 and 15000 strikes
Important levels marked on the chart
Disc: Educational view
Feel free to share and comment your thoughts below.
Trade wisely.
Double bottom pattern breakout observed
Buy on dips could be the strategy for the coming week
Stay cautiously bullish till we don't break above the psychological 15k mark.
IMP : View negated if we close below 14610.
Open Intrest
Huge Put writing in 14700/14600/14500 strikes
Call writing in 14700 and 15000 strikes
Important levels marked on the chart
Disc: Educational view
Feel free to share and comment your thoughts below.
Trade wisely.