NIFTY RANGE AS PER OPTION OI BUILDUPS ON 20TH MAY 2021

NIFTY RANGE AS PER OPTION OI BUILDUPS ON 20TH MAY 2021
RESISTANCE :
15000CE HAS 25,443 LOTS AND AT 15000PE 9,299 LOTS
15100CE HAS 20,065 LOTS STANDING AND 15100PE -535 LOTS
IF YOU ASK ME, THESE TWO IS GOING TO BE THE STRONG RESISTANCE FOR TOMORROW

SUPPORT :
14700PE HAS 6,829 LOTS AND 14700CE HAS NEGATIVE LOTS WHICH WILL ACT AS MINOR SUPPORT
14600PE HAS 6,760 LOTS AND 14600CE HA 553 LOTS WILL ALSO ACT AS MINOR SUPPORT

THE MAIN POINT IS ACTIVITY IN OTM CE & PE IS NOTICABLE, THAT MEANS VOLATILITY WILL BE HIGH AS RANGE IS HIGH
I AM HAPPY MARKET WILL PRODUCE MORE POINTS & LITTLE CHANCE OF SIDEWAYS

For more detailed OI view visit my Blog: "niftyoptionoianalysis.blogspot.com"

Thanks for reading!
niftyfutureanalysisSupport and Resistance

Penafian