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Supports for Nifty around 5120-5130(Approx). Short Nifty only if nifty dips below this zone for a short term target of 5010. Until then be with your longs
Shorter Term GANN Charts for Nifty
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Supports for Nifty around 5120-5130(Approx). Short Nifty only if nifty dips below this zone for a short term target of 5010. Until then be with your longs
Thanks
volatility of put options picking up & OI to PRICE ratio of call options suggesting start of downward movement , most probably has kick started .
WE WOULD LIKE TO SEE EXPERT’S COMMENT ON THIS , MR. RAJANDRAN.
Jitin Volatility is nothing to do with the trend. Most of the times it delays the trend. When there is a very high or very low volatility its difficult to take a guess on which way the stock/index will move!