Hello Traders! Good morning to all..
> yesterday market performed more than expected. Thanks to call option sellers.
> Today also SGX Nifty indicating positive start
> Since we have moved more than 4%. I am expecting the market to trade between yesterday's range.
> By yesterdays close we had the max pain at 33000. So we can expect the market to give a pull back for new buyers to get in.
> US & Europe both are down.
> PCR is negative @ ATM strike
> On covid front new cases are increasing in south and north is dropping from all time high.
> Support and resistance on the chart. Be safe and Manage your risk reward.
Idea provided for educational purpose only.
> yesterday market performed more than expected. Thanks to call option sellers.
> Today also SGX Nifty indicating positive start
> Since we have moved more than 4%. I am expecting the market to trade between yesterday's range.
> By yesterdays close we had the max pain at 33000. So we can expect the market to give a pull back for new buyers to get in.
> US & Europe both are down.
> PCR is negative @ ATM strike
> On covid front new cases are increasing in south and north is dropping from all time high.
> Support and resistance on the chart. Be safe and Manage your risk reward.
Idea provided for educational purpose only.
