Nifty Still Strong, Avoid Shorts, Weekly Report

Nifty Still Strong, Avoid Shorts, Weekly Report

Nifty Spot Closed @ 8170 Level

Buy Nifty Future Between 8180 to 8140

Stop Loss 8041

Positional Target 8255 → 8360 → 8404

Neal Bhai Reports – PCR-OI has increased from 1.06 to 1.13 levels, mainly due to OI addition in put options. In call options, we witnessed good build-up in 8300 strike. While in put options, 8000 – 8200 strikes added huge fresh positions; followed by some unwinding in 7900 – 7800 strikes. Maximum OI in current series is visible in 8300 call and 8000 put options. – Gold Silver Reports

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