General Trading Chat

ap*

Well-Known Member
I give more weight to IV as it is more stable.
Seems like a premium eating day till now. Test of 7700 spot before close again likely, breaching it and closing below it will get everyone bearish. Then we can be suprised by the markets on Monday :lol: also break of 7770 on spot on the upside is a crucial level to think of going long . I'm tempted to enter a straddle on nifty options and wait out the next 3 days. Such narrow range the past few days means time for a good directional move now.
 

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