Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
Pair trading @18.8, looks attractive too with strike in between
RELIANCE Trading for the Result
MAX OI at 880-940. So Reliance will not be able to cross 940 easily. Risky players can Sell Reliance for Targets of 880.
2:00 PM.
Reliance MAX OI still at 880-940. And Total OI indicates a SELL. But the MAX CHG in OI indicates a BUY. So you could wait and get the MAX CHG in OI - confirmation to go Short. May be there is some more UPSide left. But my feeling is on Monday it would be on Downside to meet 880-890
MAX OI at 880-940. So Reliance will not be able to cross 940 easily. Risky players can Sell Reliance for Targets of 880.
2:00 PM.
Reliance MAX OI still at 880-940. And Total OI indicates a SELL. But the MAX CHG in OI indicates a BUY. So you could wait and get the MAX CHG in OI - confirmation to go Short. May be there is some more UPSide left. But my feeling is on Monday it would be on Downside to meet 880-890