Nifty and Bank nifty on the hourly spot charts is in positional Buy mode with supports coming around 7499.8 and 15168 respectively. Reverse your position to positional sell mode if the support breaks on the hourly charts.
India VIX hourly Charts
Indiavix on the hourly spot charts is in positional Buy mode with supports coming around 15.22. Reverse your position to positional sell mode if the support breaks on the hourly charts. Probably the short term volatility could remain upside.
Nifty Options – Open Interest
after 7500CE writers unwinding their position there is not major put writing or call writing visible so far across the strike prices.
Related Readings and Observations
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