KrishnaSoni

Nifty forecasting for Upcoming session 10 Dec 2020.W Expiry

NSE:NIFTY   Nifty 50 Index
Nifty levels forecasting for Upcoming session
15 M chart used for analysis


*Trading Range:
13310-13630 is the Trading Range for upcoming session.

*Resistance & Support /Chart Pattern & Trend:'

Pls Refer the chart,
Channel range brake out and now a new trend line is acting as a resistance & 50 EMA is acting as a good support ,we can see in chart .

You can refer the previous session analysis to know the more as given in to link of related idea


*PE: 37.20 All time High .

*RSI: 79 (1 D Time frame Chart) Bullish momentum

*FII & DII Activity
FII- Net Value: +3565 Crores
DII- Total Value: -2493 Crores

FIIs are Very bullish on Indian market.

*Call PUT OI Buildup ( Weekly Expiry 10 Dec 2020):
Massive Put Writing and call unwinding on same strike 13400/13300/13200 is indicating the uptrend.

Pls note : Above All mention data are captured on last trading session.

If any suggestion or query pls comment or ask in to chat.

If You agree with my idea then pls hit the like button ,follow me & share my ideas to other needy.


Disclaimer:
Markets are Supreme ,If I am proven wrong,i will accept it & learn.
I am not SEBI Registered ,This is just my own view.
If any data having any typing error then pls correct it for your analysis & drop a line to me in chat.