Largecap index holds 18389 & this was a intraday low closed at 18483
Above 18657. We see good positional upside in largecaps

Midcap little weak
Smallcap weak.

IT index low 29398
And closed at 29669
With perfect red hammer - doji. ✅

Most likely.. IT correction over.
Today we may see a green candle.
In IT index.

18118 important today.
On banks 42223 important
Below this weak.

Below 18209* (on Nifty)

18177 now watch closely

Short krke baith mt jana.
Market me bounce aya
It will be strong.

Market. 18000- 18100 tk jayega.
Meanwhile abhi only longside
Pharma and healthcare hoga.

Beside this dont long in anything.

Right time pe right call ayegi.

Else work on direction.

2 types of trade you can do.

Aggressive and diffensive

When you are in bullish market

Always go Aggresive on long side
How ???

Buy calls aggressive
Sell puts Aggressive

In bearish market

Buy puts Aggressive
Sell calls Aggressive.

Never buy puts in bullish market aggressively & never buy calls in Bearish market Aggressively.

For contra trades against direction in strong market always be diffensive.✅

One free learning of private channel.

Learning #023 📌
21/11/22

Dosto..
1 hota hai PCR.

Putcall ratio :

When its 0.5 : extremely oversold (Buy)
When its 0.5-0.7 : nearly bottom (Buy)
When it 0.8-1 : Neutral (Range or trend continues)
When its 1.00 to 1.20 : near top (Cautious)
When its at 1.30 to 1.50 : overbought.
(Sell on rise )

Now PCR is 0.58.

So now you cannot go aggressive short.

This is an important factor for option people. Also can be a pre-market analysis tool.

Now.. Nifty sustain 15M below 18158
We see 18119 further down
18069.

18158 very important level.