📍 Index: Banknifty
🗓 10 June 2024
🚦 The Open & High strategy had several OH in the Put side and several O=L on the call side indicating trade on short side.
🔀 With a sharp increase in call options and a sharp decrease in put options around 9:30 AM, trending Oi is displaying a bearish trend.
📉 With high probabilities in the Open & high, Banknifty tanked more than 500 pts after 9.30 am.
*DISCLAIMER: These posts are intended to help users decode Oi data better. These are not a buy/sell recommendation.
🔥 Feel the Pulse of our Markets Using Oi Pulse
🗓 10 June 2024
🚦 The Open & High strategy had several OH in the Put side and several O=L on the call side indicating trade on short side.
🔀 With a sharp increase in call options and a sharp decrease in put options around 9:30 AM, trending Oi is displaying a bearish trend.
📉 With high probabilities in the Open & high, Banknifty tanked more than 500 pts after 9.30 am.
*DISCLAIMER: These posts are intended to help users decode Oi data better. These are not a buy/sell recommendation.
🔥 Feel the Pulse of our Markets Using Oi Pulse