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Data Trends

PE & CE writers from 1/9

NIFTY

17200PE – Rs.86 1 million quantity currently not in control. An open again above 86 confirms bearish bias for NF.

BANKNIFTY

36800PE – Rs.193.

How to use these references?

These references are applicable at the next day’s open, if market is seen reversing from these references then can play the previous day’s trend at the open.

Example let’s say 17200PE is taking a support of 86 then a trade on bearish side can be taken at the opening based on price action.

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