How to trade Nifty and Nifty Bank in the new weekly series
Aggressive fresh additions saw 18300PE and 18400PE – each with 45 lakh and 30 lakh shares OI, respectively. CE writers’ exposure lies at 18500CE and 19000CE- each more than 30 lakhs shares OI, followed by 19300CE/19500CE also adding very rapid fresh positions. PCR_OI at 18,400 is comfortably above 1, which now gives a lot of confidence to the bulls for new highs to be seen.
