On friday, markets slipped after making attempts to scale 5280 levels and also after a powerful start.
The week ended mildly bearish on a neutral note.
Options data saw huge accumulation in 5200 puts and 5300 puts with very marginal rise in 5200 call.
This points to a bullish move.
How to trade?
A buy on testing further support levels of 5191, 5150.
Resistance levels : 5232, 5265, 5278
Support levels : 5220, 5202, 5191
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