BEL is at Pressure Zone right now.
If it cross 122 with bullish candle then we can see uptrend with target of 136.
Future OI is also increasing
highest open interest at 120 followed by 127.5 and 130.
Call Unwinding at 115 and 117 but overall put writing is very low compared to Call writing so it seems it is difficult to breach this level.
If it cross 122 with bullish candle then we can see uptrend with target of 136.
Future OI is also increasing
highest open interest at 120 followed by 127.5 and 130.
Call Unwinding at 115 and 117 but overall put writing is very low compared to Call writing so it seems it is difficult to breach this level.
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