In the first week November the 6000 call option price started
at 385 at the end of the day settled at 372
nearly 13 positive points in first day of this week.the open interest is stands 876150.
On 13th November open interest added 17,34,950 and week low recorded 93 rupees,and over all
market is consolidated for election moment on next month.
Some times changing in
open interest is not an indicator for bullish market.nifty 6000 call option
traded with above 70 rupees time value.
Markets are entering in bear ?
The last week currency report showing some negative support
to market moments last week fall 64
paisa against global base currency dollar.
Wholesale inflation is also not supported to market data they
went 8-monts high.
Commodity market strategy involves option trading. Traders have to follow accurate MCX Tips to get high returns consistently.
ReplyDelete