Today pull back in nifty, but didn't sustain and closed below 22200
OI data - for next expiry support 22k & resistance at 22250 .. 22300 & up will be next confirmation & below 21900 can fresh sell off. Weekly pcr 0.89 & max pain at 22200 IV down by 5.61 â„… .. It's good volatility
On daily chart price broke trendline & retest.. Rsi going towards bearish territory.. Though it was a pull back but market sentiment still bearish..
In hourly chart its a small bullish candlestick, rsi 45.. 30 min it's cup & handle formation..
For intraday It's bull flag formation, can again down and heading upside to touch 22216 of 0.5 zone.. As today already price hit 0.382 levels.