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Showing posts from July 6, 2020

July 7/25

Global Dow was closed on Friday. Asian markets are in considerable green. 1-4% Dow Futures are positive 1% (above 26k level). DAX, FTSE are in green. 1% SGX is in green by 90 odd points. Option chain 10600 has the highest OI at 24L. Near equivalent of 11000. There was similar writing on both sides on 10600 strikes. Net premium is 226. So, the range is 10381 to 10833 Nifty Bank has 5L OI resistance at 22000. ATM strike premium is 841, So, the range is 21011 to 22693 FnO Data Pros went heavily negative. Signifying a possible gap-down opening. Charts & technicals Plan for today