NIFTY
(Levels For 09-06-2022)
Nifty is facing difficulties to sustain above 16500 levels, downside risk open.
we may see some downfall from here, firstly nifty will going to fill the gap till 16200
SUPPORT LEVELS:-
Intraday 16175-16225
Closing basis 16150
UPSIDE POSSIBLE:-
16425-16475-16525
INDICATOR:-
> Global - Negative
> FII - Negative
> DII - Positive
> Trend - Neutral to Negative
> Sentiment - Cautious
- FII sold 2,484 crores in cash, in F&O index, they have initiated bearish positions
- Overall heavy call writing was done yesterday, however substantial put writing is also done, indicating probable range bound expiry today
- Oil at 124$ and Dollar index at 102, causes of concern
Quotes Are Only For Educational Purpose
Nifty is facing difficulties to sustain above 16500 levels, downside risk open.
we may see some downfall from here, firstly nifty will going to fill the gap till 16200
SUPPORT LEVELS:-
Intraday 16175-16225
Closing basis 16150
UPSIDE POSSIBLE:-
16425-16475-16525
INDICATOR:-
> Global - Negative
> FII - Negative
> DII - Positive
> Trend - Neutral to Negative
> Sentiment - Cautious
- FII sold 2,484 crores in cash, in F&O index, they have initiated bearish positions
- Overall heavy call writing was done yesterday, however substantial put writing is also done, indicating probable range bound expiry today
- Oil at 124$ and Dollar index at 102, causes of concern
Quotes Are Only For Educational Purpose
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.