Nifty Analyis - Trading in a narrow range

NSE:NIFTY   Nifty 50 Index
Hello Everyone,
Nifty is trading in a range & observe nifty to break either side on the green lines marked for further taking any trade decision. Upper end 16401 & lower end at 15990.
if Nifty breaks either sides we can expect a sharp move which can fetch us 90-100 points during intraday itself.
Bank Nifty Analysis also updated for the day and moving in a range.
Options Data for Nifty is positive and single largest put side OI seen highest at 16300.
For Educational Purpose Only.
Comment: As per updated Nifty consolidated with close in positive bias and today made a fresh high of 16375.


good analysis
ssveducation ntharun_reddy
@ntharun_reddy, thanks