Nifty
Today bulls could not hold gains. Could not maintain above 5 DMA. Bears gained some control by increasing position of 11500 Call. Bulls have been unwinding Put positions. This indicates to some weakness. INR going below 70 against USD is not a good thing. Though Crude is below 200 DMA, INR is bothersome. It seems Nifty will go below 15 DMA. We have to wait for confirmation of bulls control on market.
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