Hindalco break out can be considered beyond 400.
- Need to check for Volume and high delivery quantity
- Option call 400 CE has high Open interest.
- 400 will be high resistance area
Once crosses 400, the price can go up 4-5% ( 16-20 points) for short covering.
- Need to check for Volume and high delivery quantity
- Option call 400 CE has high Open interest.
- 400 will be high resistance area
Once crosses 400, the price can go up 4-5% ( 16-20 points) for short covering.