last half hour, RCOM took unexpected jump and OI decreases in 95 call but it didnt sustain and 95 put OI didnt gain, so holding my position.
MTM - -ve 1600
My take is, it is to shake off weaker hands, but in share market, cant say anything...so will have SL in place tomorrow after 9:30
Threat1: Gap up open can ruin party
Threat2: 92.5 call put OI favouring bulls
Strength1: Settlement price is 94.1, lower than LTP of 94.75 :thumb:
Strength2: 95 call OI is still +ve and 95 put OI is still -ve
Strength3: My intuition (develop by experience and not just 6th sense) says it will close below 95...price can be 94.95 or lower....dont care
Raj, escape, columbus and other OI experts if u can also shed some light on OI of Rpower.....it will be a gr8 learning
and any other technicals on RCOM are also welcome....no umar for learning