Important References from Marketprofile
36230F – Vwap of trend day up on 30/8 – Pivot.
35940F – Single print buying area.
Important References from Open interest data
36588F – Resistance from call writers from 31/8.
Calls vs Puts Activity from 31st August 2021
Open of today was within previous day’s range and BNF has consolidated within the previous day’s range.
CE writing seen at higher prices and can act as a hurdle for BNF.
Bulls will get a momentum on an open above 36590F, Otherwise a test of 36119F.