1. Clear uptrend with good momentum buildup.
2. Buy on dips.
3. 7500 strikes (16th Nov) has max OI (~5k) - call + put
4. 7600 strikes (16th Nov) has next OI (2800) - call + put.
5. So it is quite expected to stay range bound (7450-7650).
2. Buy on dips.
3. 7500 strikes (16th Nov) has max OI (~5k) - call + put
4. 7600 strikes (16th Nov) has next OI (2800) - call + put.
5. So it is quite expected to stay range bound (7450-7650).