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Based on the data so far, Retail traders are baying PUTs heavi | TradePik by Replete Equities

Based on the data so far, Retail traders are baying PUTs heavily that indicates a bullish Intraday trend.

Intraday trend looks bullish in #Nifty, where 16000 is acting as the support level and 16200 & 16300 are acting as resistance.

I'm selling 16000 PUT today, while keeping 1000₹ per lot as stoploss.

#Markets