Nifty sweetly poised for long traders after exit poll yesterday.But how much can we expect it to move?
#FII holding net 3.18 lacs net shorts near historical high
🟡Long short ratio is just 14%
🟡PCR at 0.79 with 5.5 lacs Call short against 2 lacs Put short(mostly to catch IV crash on Monday and Tuesday)
~Massive short covering can come as heavily tilted towards short side.
~If sustains above hurdle of 23150 then another 500 points can open up
#FII holding net 3.18 lacs net shorts near historical high
🟡Long short ratio is just 14%
🟡PCR at 0.79 with 5.5 lacs Call short against 2 lacs Put short(mostly to catch IV crash on Monday and Tuesday)
~Massive short covering can come as heavily tilted towards short side.
~If sustains above hurdle of 23150 then another 500 points can open up