It is a 'V'-shaped formation on daily chart or just a Double Top. Price at 100 DMA one more time. Previously price retreated from this MA. Will the same happen again? Some of the prominent Indicators such as RSI, DeMark, Macd etc. are showing possibility of turning to Negative Divergence. Careful should one be about Longs.
OI Table: Immediate resistance lies at 11000 Call strike-- the second highest OI position, highest OI being 10000 Put strike which lies far below. Dominating bulls will watch carefully this level of resistance.
OI Table: Immediate resistance lies at 11000 Call strike-- the second highest OI position, highest OI being 10000 Put strike which lies far below. Dominating bulls will watch carefully this level of resistance.