Re: Nov.21 NOV series Day.14 NIFTY=8477 (75)
Small range, what we should have noticed earlier is that the bottom is getting squeezed out, not the top
Exception:
On PUT side ,the TOTAL OI ,is taken as 6 Million.Accordingly 8400PE should be
taken as one boundary. A huge OI-Today of around 2 million is seen at 8500PE.
Hence 8500PE is also included ,even though ,the TOTAL-OI is little over 3 Million.
Though CALL side is indicated STRONG based on TODAY's Interest ,but a huge interest is seen on PUT side also.
Better to adopt wait and watch policy on Monday.
On PUT side ,the TOTAL OI ,is taken as 6 Million.Accordingly 8400PE should be
taken as one boundary. A huge OI-Today of around 2 million is seen at 8500PE.
Hence 8500PE is also included ,even though ,the TOTAL-OI is little over 3 Million.
Though CALL side is indicated STRONG based on TODAY's Interest ,but a huge interest is seen on PUT side also.
Better to adopt wait and watch policy on Monday.