Those who are following OAT, there is a big fight going at 5900 between the BEARS and BULLs. BULLs already made sixty points above 5900. So they might not give a tough fight. Right now 9L in CE and 9.75L in PE favouring Bulls. Let us see who wins and whether 5850 will be made today.
INDIAVIX is at the lower end of the channel. So once again assuming on Expiry the days the channel would not be broken it is advantage BEARS.
BEARS and BULLS have another 20 minutes to make their positions.
@ 1:30 9L in CE and 9.75L in PE - Favouring BULLs
@ 1:40 9.46L in CE and 9.38L in PE - Favouring BEARS
@ 1:50 10.32L in CE and 9.54L in PE - Favouring BEARS
@ 2:00 9.36L in CE and 10.15 in PE - Favouring BULLs
There is a Triangle breakout pattern in 30 min charts
@ 2:10 9.05L in CE and 10.56 in PE - Favouring BULLs
INDIAVIX is at the lower end of the channel. So once again assuming on Expiry the days the channel would not be broken it is advantage BEARS.
BEARS and BULLS have another 20 minutes to make their positions.
@ 1:30 9L in CE and 9.75L in PE - Favouring BULLs
@ 1:40 9.46L in CE and 9.38L in PE - Favouring BEARS
@ 1:50 10.32L in CE and 9.54L in PE - Favouring BEARS
@ 2:00 9.36L in CE and 10.15 in PE - Favouring BULLs
There is a Triangle breakout pattern in 30 min charts
@ 2:10 9.05L in CE and 10.56 in PE - Favouring BULLs