Advanced Technical Analysis of Nifty 28 Oct 25600 Call Option
đĻ English Section (Extended Version) Advanced Technical Analysis of Nifty 28 Oct 25600 Call Option 1. Price Action Overview The 25600 call option’s movement from ₹315 to ₹900 is not just a random prediction — it’s grounded in technical logic. Price action traders look for breakout and retest confirmation before a major move begins. If the option crosses ₹315 with volume and stays above it for several sessions, it suggests a strong accumulation phase. During this phase, institutions and large traders quietly build long positions. Once the breakout gains momentum, it often leads to an impulsive rally, where short sellers start covering rapidly. Key Technical Zones: Support Zone: ₹310–₹320 Intermediate Resistance: ₹480–₹520 Final Resistance / Target Zone: ₹880–₹900 If the option sustains above ₹315 and breaks ₹520, the momentum can accelerate sharply toward ₹900 due to the gamma effect. --- 2. Option Greeks: The Science Behind the Move Option prices are influenced by five mai...