Rationale: Fresh long was seen in Reliance in month of January. Stock has move in Long- Long Unwinding Cycle. Put built-up at 1000 act as important support. On higher end call writing is seen in 1100 CE, that becomes immediate target.
Rationale: Short covering in last few sessions is expected to continue in the coming week Highest Option Congestion in Call indicates headroom for this expiry up to 250. Considering high implied volatility and rising speed of time decay, Call