Nifty Prediction by Price Action Trading Strategy
Nifty Support for Intraday - 23530 - 23550 , 23450 23430 , 23290-23330
Nifty Resistance For Intraday - 23730 - 23750 , 23780 -23790 , 23830-23850
Nifty Intraday Trading Setup
Keep eyes on Nifty 23700 CE and Nifty 23700 PE
If Nifty Moves Towards 23500 then NIFTY JAN 23700 CE (LTP- 92) target will be 130.-150
If Nifty Moves Towards 23800 then NIFTY JAN 23700 PE (LTP- 87 ) target will be 125 -145
Nifty Trend Signal From Open Interest Analysis
PCR ratio as per Option Chain Analysis – 1.10 ( Bullish)
Max Pain As per Option Chain Analysis – 23600
Major Resistance as Per Nifty Open Interest Analysis – 23850
Major Support as Per Nifty Open Interest Analysis – 23450
The market has a slightly positive bias based on the current PCR and open interest. However, with max pain and key resistance near **23,850**, there are moderate bearish possibilities.
key strike Prices for Nifty Tomorrow
- Bullish above 23,850
- Bearish below 23,700
Overall, the market is **neutral to mildly bearish**.
Nifty Support for Intraday - 23530 - 23550 , 23450 23430 , 23290-23330
Nifty Resistance For Intraday - 23730 - 23750 , 23780 -23790 , 23830-23850
Nifty Intraday Trading Setup
Keep eyes on Nifty 23700 CE and Nifty 23700 PE
If Nifty Moves Towards 23500 then NIFTY JAN 23700 CE (LTP- 92) target will be 130.-150
If Nifty Moves Towards 23800 then NIFTY JAN 23700 PE (LTP- 87 ) target will be 125 -145
Nifty Trend Signal From Open Interest Analysis
PCR ratio as per Option Chain Analysis – 1.10 ( Bullish)
Max Pain As per Option Chain Analysis – 23600
Major Resistance as Per Nifty Open Interest Analysis – 23850
Major Support as Per Nifty Open Interest Analysis – 23450
The market has a slightly positive bias based on the current PCR and open interest. However, with max pain and key resistance near **23,850**, there are moderate bearish possibilities.
key strike Prices for Nifty Tomorrow
- Bullish above 23,850
- Bearish below 23,700
Overall, the market is **neutral to mildly bearish**.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.