As discussed yesterday market moved linear below decision range and got exact reversal at mid day , taking calls higher by 3x-4x depending on strike , we are positioned in 38500 CE anticipating reversal during day and good gains were made.
Decision range
38683-38751
Support for the day
38370
Resistance for the day
38997
Expectations / Trading ideas
Market is expected to be in a narrow range , option buyers should take day off and enjoy weekend
Real time updates
We were aware about the reversal in afternoon and waited for deep levels to enter , rest of the updates were profitable , for more details refer below
Decision range
38683-38751
Support for the day
38370
Resistance for the day
38997
Expectations / Trading ideas
Market is expected to be in a narrow range , option buyers should take day off and enjoy weekend
Real time updates
We were aware about the reversal in afternoon and waited for deep levels to enter , rest of the updates were profitable , for more details refer below