re: Day trading Nifty & Banknifty Futures
Option data is also indicating markets not expecting significant upmove from here... call writers selling heavily at 6400 and 6500 levels ...
Last upmove one day earlier 6500 writers had squared off massively as it ended up triping the 6500 ce values...
Max pain shifted to 6100 PE, and 6200 PE OI buildup continuing..
Lets see as day unfolds...