Nifty: Important levels for the day

Updated
Important levels have been mentioned in the chart.


Important insight in Derivatives Analysis

Yesterday's Derivatives Analysis suggest a lot of activity on the Call option side. However activity has happened at higher end i.e most between 10700-11100 Strike Price


So Call Option writers have positioned themselves factoring in a rise in Nifty to some extent.


Take care & safe trading...!!!
Note
Nifty update
CMP 10587

Nifty has made an exact high of 10614 so far

A close above 10614 will open up door for further upside up to 10720-10760 zone

On the lower side 10530 is now important.

Hope it helps in planning your trade

Take care & safe trading...!!!
Note
snapshot
Chart PatternsTechnical IndicatorsNIFTYTrend Analysis

Also on:

Related publications

Disclaimer