fbpx
Saishayu Option Scalpers Daily Trades,Educational What a  sweating Expiry in mid of Winter!!Inside Bar again in BNF ! Are you ready to Rock ?

What a  sweating Expiry in mid of Winter!!Inside Bar again in BNF ! Are you ready to Rock ?

Today’s expiry  was the most sweating & I would say brutal for buyers on both sides.  There were  just single candle luring moves without follow up resulting in SL hittting.  Now  let’s talk about possibility. Whats in it tomorrow?
Let’s analyze  it.  We  are in mid of a tight range . 42500  higher  side & 42200 then 41900  are  crucial levels. Last 2 expiries these levels have been protected strongly. Some Big  Fish is   eyeing these levels for monthly expiry it seems and he is protecting it like Baahubali ! It would be interesting to see if any Katappa comes in tomorrow and does the damage on either levels. I was bullish today considering Dow Fall last night. If global sentiments  remain -ve,  we might have a breakdown on Monday since there wouldn’t be a much  pre Dow data in first half for directolional move. Alternatively, If we cross 42500 with volume & stay above for 1 hour, we may have firecrackers by Bulls suddenly. This possibility looks little difficult the way Bears are defending uppper zone!

Let Time Decide, stay alert while trading in both these zones & refrain taking aggressive positions unless clear direction available.

Leave a Reply

Related Post