TRADE SET-UP: Price is King, but News is the Catalyst. The much-talked-about Trade Deal is the massive elephant in the room today.
Markets are likely to open strong. However, since the Trade Deal news is now public, the initial spike may see some profit booking
Options Data Analysis (Nifty):
Nifty PCR is around 0.95, indicating neutral to bullish territory
Heavy Call writing seen at 25500 and 26000
Traders who sold 25400–25500 Calls are now trapped
With a higher opening, these Call sellers may be forced to buy back positions, triggering short covering
If Nifty sustains above 25400 for 30 minutes, expect a fast move toward 25600–25750, driven by panic buying from Call sellers.
Support Shift:
Support likely shifts from 25000 to 25300
This suggests strong hands are comfortable holding the market above 25300
Bank Nifty View:
Significant Call writing seen at 59000 and 60000
With a gap-up opening, Call writers at 58500–59000 are under pressure
Any short covering here can fuel further upside momentum
Market Tone: Momentum is news-driven. Price action will decide whether today becomes a trend extension day or a fade-after-open session.
Disclaimer: The analysis provided, including interpretation of global cues, trade deal impact, and options data, is for educational and informational purposes only.