decent 90 pts gap up. For this expiry on upside 25180+ is laxman rekha, in case market start sustaining above this level ...then there can be brutal covering.
However, will try to book BTST in gains as on expiry day the gaps have tendency to get sold off ....
Downside, same 24930 is key

Initial data do not have any hint, but OH is going to be strong resistance. + ORB breakdown on downside - Taken one 25100PE around 55 ... lets see

SL hit here, will now wait to see if market really is going for bigger rally or just doing time pass ...
last few days were good ..so not going to go aggressive

Call writers taken for a ride !! If the day high crosses and sustain then more fuel ?

#25KCE
These buyers from yesterday defended their position. Missed out this action but see the morning OH sellers are also in trouble for now.
Let's see what happens ...
Its going to be quite a volatile journey ..

If we get a follow through, then won't rule out something like this ... but with expiry today - Keep risk management in check !

struggled near that OH and consolidating above todays POC. More time pass and late breakout will be good for option buyers with cheap premiums

and if market breaks below POC - Then will not look for any Short covering plan ...

and below POC, price struggling now.. if it breaks below 25080 ...then some more correction possible

Looks like nice setup now bought 25150CEs as hero zero

If this liquidity sweep works out and market actually takes out day high now after 1/1:30 PM these can really fire up ...so small risk taken

that was really good timing :)

The spike didn't sustain and broke the low, exited ...now no positions..

Expecting a pullback till we do not cross todays high, so deploying this spread with max risk of about 3-4K

So maths is 1300 pts correction from June high and then 800+ pts rise ..can expect 200-300 pts pullback again towards key MAs ...and its a monthly spread in Sept series ... so have time and risk is minimal ...

On DTF, we are at upper band with no signs of range expansion. On larger tf, still a very sideways market - So buy the panic and sell the rally kind of scenario ...

So there wasn't any follow through and market has given a close which looks like more of pause. CLose to 800+ pts rally from 7th aug low - Let's see what we have in store

#KIOCL went almost 100% from March / April lows and is up by about 50-60% above the 307 level ...but in this journey it gave two pullbacks of 16-18% ....look at volumes in that duration...that fall was simply low volume and smart money entered everytime with big volumes in that fall ...