uy Zone : From 36382. 05 to 36563.11 Stop Loss for Longs (Breakdown Below) : 36345.83 Breakdown Target : 35795.39 Sell Zone : From 37287.39 to 37468.45 Stop Loss for Shorts (Breakout Above): 37504.67 Breakout Target : 38055.11
Momentum
Sell on rises to CEMA /LEMA Trading Stratagy
Downward Momentum is strong. Ideal trading strategy would be SAR based. Based on OI: 36500.00 ~ 37500.00 range likely to hold
Highest Calls at strike price 37500.00 to act as resistance Highest Puts at strike price 36500.00 to act as support Bearish OI. Sell OTM Calls. Preferably 37000 or higher strikes.