- trend is up
- lot of tussle seen around 12000 levels
- weekly close above 12000 will be bullish sign
- weekly expiry shows highest OI at 12000 CE
- monthly expiry shows highest OI at 11600 PE
- difficult trading environment
- big spoiler: nifty PE ratio now around 28
- does not make sense for long term investors to enter now
- lot of tussle seen around 12000 levels
- weekly close above 12000 will be bullish sign
- weekly expiry shows highest OI at 12000 CE
- monthly expiry shows highest OI at 11600 PE
- difficult trading environment
- big spoiler: nifty PE ratio now around 28
- does not make sense for long term investors to enter now
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