Disclaimer: All the information posted is for education purpose only. Do your due deligence. Also check for liquidity of option before getting into trade, Options should be traded by experienced traders only..
IOC achieved both the targets hit even though markets, check below for the analysis
Daily Hourly & 15 min all timeframes showing RSI below 35 indicating more momentum in the downfall.
Nifty ATM PE Option RS Chart
ATM PE option indicationg strength on RS chart signalling more fall in the counter
Nifty 15500 CE option selling trade:
The CE option chart indicates follow throughs for the selloff and can anticipate further fall in the counter with SL of 270 point short below 224 targets of 180 -110-80 can trail based on further patterns.
Disclaimer: All the information posted is for education purpose only. Do your due deligence. Do your due deligence. Also check for liquidity of option before getting into trade, Options should be traded by experienced traders only..
All details about the analysis presented in the above charts friends! Enjoy!
Dont forget to do your analysis.
You know disclaimer and all that stuff!
Please this post is for education purpose only.
Please share if you find it helpful.
Name : Raghavendra S
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