Wednesday, December 28, 2011

Expecting settlement at or above 4700

Nifty was extremely volatile but was giving  a clear message that it will move up with momentum at any moment ... chart is clearly showing that bulls never gave up today every fall they lifted indices with large 2.50    pm there was a tie in both of them ...
oi data
highest oi buildup at 4800 call  and 4600 at put side


  1. correct,but as of now global markets are melting down,Europe closed negative and Eur will break its 2011 lows tonight.Dow is trading 125pts negative.keeping all this in mind I gave nifty can expiry near 4645

  2. Ranga bhai your words proved true.


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