Writers won this DEC series as nifty closed below 6300.
Now next month, tentative figures indicate support at 6200 and resistance at 6500.
In other words, option writers do not expect these levels to cross. So that makes the trading strategy quite obvious (unless their positions shift which we will anyway know).
Now next month, tentative figures indicate support at 6200 and resistance at 6500.
In other words, option writers do not expect these levels to cross. So that makes the trading strategy quite obvious (unless their positions shift which we will anyway know).
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