Today, the market found support at the S4 level of the expiry pivot. Will it withstand or will the downtrend resume?
The day's option chain (expiry 08-08-2024) suggests a bleak outlook, hinting at a potential further decline.
However, the last 30 minutes have shown signs of recovery.
If global cues stabilize, there's a chance for recovery from the oversold territory.
NB: The tables are hard coded and not part of any script.
The day's option chain (expiry 08-08-2024) suggests a bleak outlook, hinting at a potential further decline.
However, the last 30 minutes have shown signs of recovery.
If global cues stabilize, there's a chance for recovery from the oversold territory.
NB: The tables are hard coded and not part of any script.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.