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NIFTY Expiry Analysis 21 Sep (SIDEWAYS)

NSE:NIFTY   Nifty 50 Index
We have been discussing the nifty charts regularly. after the yrsterday fall we can say that as it's Expiry today; it's very less chance to get a big momont in a row. So, we are assuming that today it will be more of position roundoff.
Today's moment is assumed to be sideways in RANGE 19815 - 19965.

Reasons:
  1. It's expiry last day was big moment.
  2. Near 19815 VWAP is providing a nice support Zone.
  3. RSI is showing Bullish diversion.
  4. PCR 0.60 (Bearish)
  5. EMA 200 is providing resistance at 19965.
  6. RSI is having very low value shows week bulls

Verdict:
Sideways in RANGE 19815 - 19965.

Plan of action:
Sell 19950 CE + Sell 19850 PE
Total collected Premium= 37.85 + 27.90 = 65

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