NIFTY SEPTEMBER EXPIRY ANALYSIS...
Nifty Futures Analysis-
nifty can either try to break channel resistance or will fall to test support at 11343.... nifty channel resistance 11794.... as per DTF
as per HTF, nifty resistance is 11598 and support is 11460...
OI Analysis-
11400-11450 as high put writers which can act as support... and 11600-11650 has more call writers which can act as resistance....
as per my understanding as we experienced a deep sudden fall and recovery as well the market can trap sellers on mon and will shoot upside to break 11600 resistance.... for a target of 11794...
nifty can either try to break channel resistance or will fall to test support at 11343.... nifty channel resistance 11794.... as per DTF
as per HTF, nifty resistance is 11598 and support is 11460...
OI Analysis-
11400-11450 as high put writers which can act as support... and 11600-11650 has more call writers which can act as resistance....
as per my understanding as we experienced a deep sudden fall and recovery as well the market can trap sellers on mon and will shoot upside to break 11600 resistance.... for a target of 11794...