Options Scalping®
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📈 The market movers feature in OI PULSE identifies stocks that have surpassed their 9-day high or above and are setting new highs for the day. This feature is useful for identifying momentum stocks and also serves as a signal when a stock makes a new higher high.

✅ The daily charts show that the prior day broke the previous swing high and that today's opening also broke the previous high, which is a strong indication that trends are looking up.

🔥 Feel the Pulse of Our Markets
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📊 The ability to watch the direction of the market through Trending OI itself is crucial, as it indicates a Negative Outlook for Bank Nifty due to ⬆️ Sharp Increases in CALL OI and ⬇️ Decreases in PUT OI.

✅ Sufficient reason to be on the Put side on that particular day and avoid Calls till sentiment of the market change.

⚡️ This is where the Trending Oi feature of Oi Pulse comes handy⚡️

🔥 Feel the Pulse of Our Markets🔥
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Today's

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Good Morning Team, What A December It has been for Bulls so far & Looking at all Global noise, we might see some pause & pullback considering yesterday it was BN which gave up after the Gap up & we might see some similar performance from Nifty which has been on Steroids & not willing to give up. Also watch for the RSI levels on Daily which has been a cause of concern for Bulls. Also the election noise is over & hangover is felt across the table. Now that we got early Santa rally, expect Markets to be in more of sideways & 1 of those days we might see 200 to 300 Point Fall which will be said as Profit booking, but more to bring down the RSI levels back below 70 & to take the next step forward. It's funny to say all these & how Biggies manage all these & making us all wait for them to make these moves. For the day, any Gap up, I would love to sell once... but looking at cues, we may get a negative opening & will wait for Volumes to pick up to get on the downside. Happy Trading 👍
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🗓 On 07 Dec 2023 Banknifty

🚨 Big OI feature clearly showed change in direction in Bank nifty.

⬆️ From 09:25 AM we can see Long Build up happening in ITM, ATM and OTM CE strikes.

⬇️ From 09:25 AM we can see a short build up happening in ATM, ITM and OTM PE strikes.

📈 We can catch the momentum trade as RSI rises from 29 levels to 45 levels from 09:25 AM.

🔥 Feel the Pulse of our Markets Using Oi Pulse
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🗓 On 07th Dec 2023 (Banknifty)

⚠️ We have observed an Open & High on the Call side with 80% to 90% probability

➡️ Also supported by several strikes of Open & Low on Put side. Indicating there might be a Reversal occur

📈 On the 3 Min chart RSI went below 20 which adds more pressure for a bounce to happen

✅ With all the data clues, All the Open & High was taken out around 10.30 am and broke the day's high also

🔥 Feel the Pulse of our Markets Using Oi Pulse
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