Watch Britannia After taking major support it start new rally above 3550 with the help of Volume
Drastically CE OI dropped against ATM PE OI gained ...
It indicates Short covering Possible
Keep in your Watch List
Price is testing previous breakout and near 200 EMA on daily time frame.
If it renters the triangle then further downfall can be seen however the chances of taking support here are very high.
Wait for price action and enter accordingly.
I will be more biased on buying side.
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