A sleeping giant that could now finally move with Crude making newer highs..
I dont think it will go above 120-123 till this month's expiry because of the call writing done at 120 levels..
But if crude can sustain a massive short covering rally can happen here going ahead once it stabilizes above 120.
Watch for this to be one of the stocks for next month...
I dont think it will go above 120-123 till this month's expiry because of the call writing done at 120 levels..
But if crude can sustain a massive short covering rally can happen here going ahead once it stabilizes above 120.
Watch for this to be one of the stocks for next month...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.