Are besharam, Rajnikant se contract note mangta hain!
Don't you know, brokers Rajnikant ko CN nahin bhejte. Rajnikant sirf apne charts broker ko bhejta hain aur broker uske account mein paise transfer kar deta hain! :rofl:
Big build up in 6200 puts and 6300 calls unwinding, so bias is up. Break above yesterday's high should be sudden, because there must be a lot of stops above it - need to observe if that BO sustains. Above 6300 is a big fluid zone.
IMO we could have expected sudden move above yesterdays high if friday morning upmove wasn't there, today morning too it gave people enough time to exit...