RISKY BET TO TRACK THE MARKET : BUT NO OTHER CHOICE AS OF NOW
JUST KEEP AN EYE ON FEB 5300 PUTS CURRENT OPEN INTEREST IS @ 50 LACS
1) IF ON FALL OI @ 50 LACS IN FEB 5300 PUTS MOVE NEARLY @ 80 LACS
THEN GOD CAN ONLY SAVE THIS MARKET FROM THE BLOOD BATH
2) IF ON PULLBACK OI @ 50 LACS IN FEB 5300 PUTS MOVE NEARLY @ 80 LACS
THEN NOT EVEN THE GOD CAN SAVE THE SHORT SELLER
IF POINT.1 STANDS TRUE THEN MUCH MORE PAIN LEFT IN MARKET AND MAY HEAD FOR 4800 LEVEL
IF POINT.2 STANDS TRUE THEN THE LEVEL OF 5300 MAY FORM SHORT-TERM BASE FOR MARKET AND MARKET IS READY FOR A SHARP BOUNCE
NOTE: IT'S RISKY COZ OI CAN BE CHANGE IN AN HOUR
OM SHRI GANESHAYA NAMAH
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