NIFTY in Accumulation Mode
NIFTY is in nice consolidation Mode.
Big players are collecting quantity nearby 19250.
There is no good time for going Bullish for option Buying.
It's Better to Sell the CE and PE levels of 19250 PE and 19450 CE for next week's expiry.
Increasing the volume shows the heavy round-off of option Sellers.
We can expect a nice pull-up from the 19250 level.
Verdict: The market is not good for Buyers now.
Plan: You can sell the CE and PE levels of 19250 PE and 19450 CE for next week's expiry.
Big players are collecting quantity nearby 19250.
There is no good time for going Bullish for option Buying.
It's Better to Sell the CE and PE levels of 19250 PE and 19450 CE for next week's expiry.
Increasing the volume shows the heavy round-off of option Sellers.
We can expect a nice pull-up from the 19250 level.
Verdict: The market is not good for Buyers now.
Plan: You can sell the CE and PE levels of 19250 PE and 19450 CE for next week's expiry.
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