Nifty 50 IndexShort
Nifty 50
MACD - Monthly Weekly downtick Daily Down
Hourly - uptick
RSI Stochastic bullish divergence
Possibility - Stochastic and RSI from overbought downtick( Shorts calls)
RSI<40 - Might start downwards momentum
Gap up opening takes resistance @17230
17200 CE || 17000 PE
Sell calls on Gap ups of 17200 CE 90
Hourly - uptick
RSI Stochastic bullish divergence
Possibility - Stochastic and RSI from overbought downtick( Shorts calls)
RSI<40 - Might start downwards momentum
Gap up opening takes resistance @17230
17200 CE || 17000 PE
Sell calls on Gap ups of 17200 CE 90
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