Monthly EXPIRY DAY: Expected Nifty expiry between 16,600 and 16,650; opportunity for both buyers and sellers, says Anil Singhvi - Watch DOW Futures ahead of Jackson Hole meeting
Managing Editor said that there is a very clear-cut data on this now which suggests that the Nifty expiry is unlikely to be beyond the range between 16,500 and 16,700. The highest open interest on ‘Put’ is at 16,500 while on ‘Call’ it is at 16,800
There will be an opportunity for both buyers and seller, he said. One must not miss the opportunity to buy at levels near the support, Anil Singhvi says