NIFTY MAX PAIN Theory, Does it work?

Dear,
As option max pain showed 10400 , the nifty expired at 10470s , closing was near the said level 10400 na. ( below 100 pts )
The max pain theory is approx levels and not exact value.If it closed above 10.5 k or near 10.6k , then you can surely throw the concept out of the window,dustin etc.

Regards

1 Like