Stock – ABFRL
We only consider option chain levels based on AOC’s AI-powered shifting feature on or after 9:30 AM.
Key Observations at 12:41 PM
📌 Resistance: Strong at 260 for Volume (least preferred in stocks), with the highest OI at 300 and OI change at 265.
📌 Support: Triple Support at 250 for Volume, OI, and OI change – a solid support zone.
Overall View
🔹 Strong resistance and support indicate a rangebound market.
🔹 Support is SFT (Shifted from Top) at 9:15 AM, which is not considered valid.
🔹 PCR is bullish, and TV/ITM is more than 2x for calls, strengthening the bullish outlook.
🔹 100% OI change in calls is against our bias, but since the market is at an extreme bottom, it’s not concerning.
Drawing Levels Using AOC
📍 Resistance Levels:
🔸 Clicking on 260 gives 261.
🔸 Clicking on 300 (extreme top) gives 300.
📍 Support Levels:
🔹 Clicking on 250 gives 246.78, which is also the extreme bottom.
Trade Execution – Bullish Strategy
📌 12:03-01:00 PM: ABFRL hovered around support at 246.78.
📌 Entry: At 246.78 – Buy in cash, buy a call, or sell a put.
📌 Target: 251
📌 Stop-loss: 244.39
📌 Risk-Reward Ratio: 1:2 – a strong setup.
Trade Progress
✅ 01:51 PM – Halfway to the target, so we book half the quantity and move SL to cost-to-cost to secure profits.
✅ 03:00 PM – Target fully achieved! 🎯
🚨 AOC Trading Rule: No trades after 2:30 PM, but since data remained unchanged, experienced traders could hold the trade till 3:00 PM.
AOC’s AI-driven analysis, shifting feature, and OI insights helped us identify key levels, execute a high-probability trade, and secure a profitable outcome.