Hi,
Today, Nifty Broke out of the range of past 5 sessions. It Opened gap up around 4780 and moved beyond 4800 in the morning session. Never really looked back and touched 4830 by afternoon. In the last hour of trade touched a high of 4854 and close around 4850. very bullish day without any doubt.
here is Nifty Option Chain of 10th Jan 12(Tue). OI Piled up at 4600, 4700, 4800 Puts. seems like these put writers are confident about further upside in Nifty.
Today, Nifty Broke out of the range of past 5 sessions. It Opened gap up around 4780 and moved beyond 4800 in the morning session. Never really looked back and touched 4830 by afternoon. In the last hour of trade touched a high of 4854 and close around 4850. very bullish day without any doubt.
here is Nifty Option Chain of 10th Jan 12(Tue). OI Piled up at 4600, 4700, 4800 Puts. seems like these put writers are confident about further upside in Nifty.
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