NIFTY CONFIRM TARGETS FOR 31JAN 2023
NIFTY SUPPORT AND RESISTANCE FOR F&O DAY TRADING
Support Zones For nifty Intraday Trading
First Support Zone For nifty50 – 17434 - 17445
Second Support Zone For nifty50 – 17348 - 17364
Third Support Zone For nifty50 – 17143 - 17161
Resistance Zones For nifty Intraday Trading
First Resistance Zone For Nifty – 17775 - 17790
Second Resistance Zone For Nifty – 17870 - 17880
Third Resistance Zone For Nifty – 18015 - 18030
Importent Signal from Nifty Option Chain
PCR ratio as per Option Chain Analysis – 0.57 ( Bearish )
Max Pain As per Option Chain Analysis – 17550
Major Support as Per Nifty Open Interest Analysis – 17350
Major Resistance as Per Nifty Open Interest Analysis – 18000
Conclusion For Monday and Next week
Today Taken Support on its Major Support ( 17734 - 17748 )
Major Support For nifty is (17348 – 17448 )
Major Resistance for Tomorrow - ( 17870 - 17880 )
Try To Buy Future Conract or Call Option Near Support Zone and Book Profit At Rsistance Zone
Try to Short nifty at every Resistaance and Book Profit Near Support Zone
Expecting Big Moves in Near Budget 2023 Prepraion is Going on .
Adani Group issue is Major Concern for Market now .
Support Zones For nifty Intraday Trading
First Support Zone For nifty50 – 17434 - 17445
Second Support Zone For nifty50 – 17348 - 17364
Third Support Zone For nifty50 – 17143 - 17161
Resistance Zones For nifty Intraday Trading
First Resistance Zone For Nifty – 17775 - 17790
Second Resistance Zone For Nifty – 17870 - 17880
Third Resistance Zone For Nifty – 18015 - 18030
Importent Signal from Nifty Option Chain
PCR ratio as per Option Chain Analysis – 0.57 ( Bearish )
Max Pain As per Option Chain Analysis – 17550
Major Support as Per Nifty Open Interest Analysis – 17350
Major Resistance as Per Nifty Open Interest Analysis – 18000
Conclusion For Monday and Next week
Today Taken Support on its Major Support ( 17734 - 17748 )
Major Support For nifty is (17348 – 17448 )
Major Resistance for Tomorrow - ( 17870 - 17880 )
Try To Buy Future Conract or Call Option Near Support Zone and Book Profit At Rsistance Zone
Try to Short nifty at every Resistaance and Book Profit Near Support Zone
Expecting Big Moves in Near Budget 2023 Prepraion is Going on .
Adani Group issue is Major Concern for Market now .
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