NIFTY TRADE DEEP BREAKDOWN 25500 CE
WELL THE KEY FACTOR TO TRACK IN OPTION IS OPEN INTEREST ( CONTRACT )
I CAN'T SHARE EVERYTHING IN TRADE LOGIC, LET ELOBRATE IT.
SO IN OPTION YOU HAVE TO SET A DIFFERNT PERESPECTIVE
HIGHEST CE STRIKE OI = RESISTANCE AND HIGEST PE STRIKE OI = SUPPORT
SO IF YOU GO THORUGH THE NIFTY OPTION WALL YOU CAN SEE THAT 25500 CE HAS HIGHEST OI WHICH MEANS SELLER POI ( POINT OF INTEREST) BUT NIFTY WAS SUSTAINING NEAR 25400 ABOVB LEVEL.
NOW OPTION SELLER HAVE POTENTIAL UNLIMITED LOSS AND TODAY IS EXPIRY WHICH MEANS NOW THEY SEE THAT NIFTY IS RISING WHICH MEANS SELLER WONT BE ABLE TO TAKE CONTROL IN NIFTY HENCE CE SELLER WILL SQUARE OFF THERE POSITION MEANING CE SELLER WILL SQAURE OFF BY BUYING THAT CE OPTION. THAT IS KNOWS AS SHORT COVERING
AND THAT WHAT HAPPEND IN TH NIFTY 25500 CE SEE THE PRICE BELOW HOW PREMIUM SPIKE IN TWO CANDLE
TO TRACK NIFTY FOCUS ON HEAVY WEIGHT STOCKS LIKE


















