There is Channel break out opportunity in NIFTY Index. Once the Nifty Opens flat this idea is valid.
The next resistance is at 20060. The Put option bought can be held until the Nifty reaches 20060. The 20,000 Mark will also act as a strong support.
The PSAR, RSI are indication decrementing growth of the index. The bearish volume is increased on the other hand.
The next resistance is at 20060. The Put option bought can be held until the Nifty reaches 20060. The 20,000 Mark will also act as a strong support.
The PSAR, RSI are indication decrementing growth of the index. The bearish volume is increased on the other hand.