[sharetrading] Options

 

Observing the data, there has been high change in OI of 5300 call and 5000/5100 Puts. Which indicates that in most probabilities, market will range in this region for March expiry……….. The OI positions on the lower side indicates to me that the markets are headed upward only. Max I see is 5200 or less on upper side and 4900 on lower side as with today’s data………….

Abe

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