SCENARIO 2 :If the price close below the white box then bears take the control of market so its first target is the in the photo
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The important levels for option writers are
1. For safe traders 31500 & 33500.
2. For moderate traders 31900 & 33200,
3. for professionals 32000 & 33000
This is only for educational purpose please contact your financial advisor before investing your hard earned money.
My sincere thanks to my Masters trading panthulu, day trader Telugu and Nayan pokharkar.