1. Nifty took the reversal from 1.618 % from Last Low and high from Day Chart
2. It was the same point where Upper Monthly Uptrend Channel Hitten
3. Currently, Price is at 23.6% retraced from the TOP.
4. On drawing Cypher Pattern on Hour Chart. It Show Price is at B Point
Further Fall is expected.
5. Intraday, Price may rise to upto 15050.
6. Call Open Interest at 15000 has risen with 136% of 22Lacs.
But put Open Interest is 33Lacs.
7. 14950 Call Open Interest Risen by 8X.
8. PCR is 0.86. Market is in Beariish Mode.
SELL BELOW 14990 TARGET 14946 , 14900 STOP LOSS 15025