If i need to look at just oi for today it seems like 7800 ce is being written, so the likely hood of spot going there anytime soon is low. 7700 put oi is being reduced and 7500 pe is going up. Seems to me that nifty is on its way to 7500 levels for now unless something changes soon.
Let me be clear. I do not trade based on the option chain only. It is only something i use for confirmation of my trades. Option chains are often very deceiving. But when used as a tool to confirm trend it becomes very powerful.
Let me be clear. I do not trade based on the option chain only. It is only something i use for confirmation of my trades. Option chains are often very deceiving. But when used as a tool to confirm trend it becomes very powerful.